Short

EOSUSD EOSBTC

Updated

EOSUSD EOSBTC may be potentially producing a running flat in the middle of a WXY correction? With BTC in correction and awaiting new BTC lows, Alts seem to be following. EOS may see a little further upside but could just be completing a WXY corrective structure. We have the all 88 Fib from $0 sitting at $2 which also coincides with a 1.618 extension of the first wave down. Many alts seems to be looking at the 88 fib, is this another?

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EOS respecting the top wedge channel trendline and moving south towards our target entry level for ong term at approx $2 which should complete the WXY pattern. Even though there was lots of buying volume, the latest sell volumes far supercede the rally EOS just had

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joe2411

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