EOS / EthereumLong
EOS is looking FIERCE
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Idea:
We have HEAVY bullish divergence on the RSI and a good target for the 1.618 to be the end of wave 3
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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
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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
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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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.