We can see the speculation pump phase conclude Primary (I)
Eos has since corrected into an ABC Expanded flat for 9 months. Once we meet the extension 123%-161% we can begin Primary ( III ) and see EOS ecosystem start to thrive. Expecting this cycle to run to 2022
Accumulate! (This is not a trade recommendation)
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High resolution version
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Looks like we had a strong volume reaction at TP3 $1.55
Staying above $2.15 and retaking $3.8 & $5.2 would be strong candidates to establish a new trend into Primary wave (III)
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eosbtc pair is close to buckling the year long resistance trends
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Clean impulse moves, if we can clear $4.8 will be a great candiate for changing trends
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A few people have asked me if I think we've bottomed. $1.5 was the max 161% extension of the ABC expanded flat correction. Here's an interesting supplemental view of a downtrend pitchfork with two reactions on the median:
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Decent candidate to make 5 waves, let's see if we can take down trend resistance $4.8
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EOSBTC Bullish daily cross?
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Small update, EOS has made 5 impulsive waves with resistances still ahead at $4.9, $5.8, $6.5 to confirm. Great things are coming from block.one this year, let's wait and see
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Wave tracking update, EOS will lead the way
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Have we made short term bottom? Three support levels
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Midterm target reached? Wave trend is clean and solid. Strong support levels below for candidates to take down double digits once again for eos. Overall looks very strong and healthy
B1 June announcement will be interesting but likely some consolidation time for community to figure out and grasp what it is.
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EOS/BTC seems to be holding steady on strong support
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EOSUSD in the midst of correcting midterm wave three. buy level supports approaching?
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Did we complete the 4th? Wave tracking
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First set of impulse and correction complete?
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Is EOS out of the woods yet? or one more turn down ?
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Is EOS still ded? or just having temporary bump with crypto market. Just updating the long extended C wave down back to 50cents
Been a year since last tracking! :D Waiting for new impulse..
Azzzz
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Small update, EOS has made 5 impulsive waves with resistances still ahead at $4.9, $5.8, $6.5 to confirm. Great things are coming from block.one this year, let's wait and see
VooDoo7227
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@Azzzz, These charts are hideous.... They are so jammed with info how can one even read this shit? You mad bruh???
basically expecting a wave iv correction from $1.55 bottom. I am with Jollymolly
Afrikoin
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i think rise from $1.55 to $3.4 (ish) is a wave iv of 5
so one more leg down after a top at $3.4 (ish) - give or take
Azzzz
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@Afrikoin, Certainly can't be ruled out thanks for the input
DAVEREXX
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Great Chart!!!!! Love it.
Jollymolly
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I think more blood shedding to come... Going below 1$ likely... Last month of year and close to low of year... Btc not stable... and can fall to 1800$ as well..