BTCUSD And EOS: More Upside After Pullbacks
Updated
Hey, hey, Hey!
How are you everyone?
After a month or so we have seen a very nice and strong push up on some cryptocurrencies. EOSUSD moved very nice since last update and it appears that there can be more gains ahead. I am watching levels around 14-15.
BTCUSD also recovered nicely recently, and more upside can be seen, either after a flat or after zigzag based on two different wave interpretations. Support on that one is at 8k-8500
If you like the video, please give me a feedback in commentary below or by clicking like button.
Trade well!
Grega
How are you everyone?
After a month or so we have seen a very nice and strong push up on some cryptocurrencies. EOSUSD moved very nice since last update and it appears that there can be more gains ahead. I am watching levels around 14-15.
BTCUSD also recovered nicely recently, and more upside can be seen, either after a flat or after zigzag based on two different wave interpretations. Support on that one is at 8k-8500
If you like the video, please give me a feedback in commentary below or by clicking like button.
Trade well!
Grega
Note
EOS looks pretty clear. We see a nice a triangle within wave B, which give us an evidence that still can be a correction, because triangles cannot occur in wave 2. So, we are tracking a deeper A-B-C correction, with current move down within wave C, that can stop around 11-13 levels and from where we can expect a bounce back to highs for wave 5.Note
Hello Crypto lovers! We see a perfect three-wave A-B-C correction on EOS for wave (4), from where we expect a new rally for wave (5), but first, we need confirmation. First evidence of a bullish reversal would be a break above channel resistance line. A break above 18.75 level would open door for more upside above 23 level.Note
EOS went slightly lower, but still looks corrective. New update is here and be aware, bottom can be in place, especially if breaks above channel resistance line and above 16.30 bullish confirmation level.Note
EOS went slightly lower, but we still think it's a corrective movement within final wave 5 of C, where next support can be reached around 10.0 level. So, be aware of a bounce around that level and only if goes back above 16 level, we may consider that correction is completed and it can be headed back to all-time highs.Note
Just in time. Keep an eye on 16 level now, a break above would open door for 23 or more. #cryptocurrencies #bullish Note
Nice bounce on Cryptos! Just in time! Correction completed? BTC tested 7000 and ETH 500 psychological levels. Dash and Litecoin turned right above invalidation level. EOS already with 1 and 2, now 3rd coming? #cryptocurrencies #bullish
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