_____________________________
Idea:
We have HEAVY bullish divergence on the RSI and a good target for the 1.618 to be the end of wave 3
_____________________________
Warning:
we did hit the 1:1 extension of 1 and immediately corrected from there, I am assuming that this was only a subwave of 3 rather than the entire wave but i could be wrong on this point
____________________________
Alternative:
If 3 only went to the 1:1 extension then i would treat this as a leading diagonal and still expect another push up
____________________________
Note:
This is EOS/ETH but there shouldn't be too much of a difference between this and EOS/BTC
Idea:
We have HEAVY bullish divergence on the RSI and a good target for the 1.618 to be the end of wave 3
_____________________________
Warning:
we did hit the 1:1 extension of 1 and immediately corrected from there, I am assuming that this was only a subwave of 3 rather than the entire wave but i could be wrong on this point
____________________________
Alternative:
If 3 only went to the 1:1 extension then i would treat this as a leading diagonal and still expect another push up
____________________________
Note:
This is EOS/ETH but there shouldn't be too much of a difference between this and EOS/BTC