imkeshav

$EOS - Price restored. Job well done!

Short
imkeshav Mis à jour   
With so many achievements, the price is overextended and a correction is imminent. It's quite extraordinary that EOS has recovered the price just before the capitulation of Nov'18 and probably the first in top 10 to hit the 350 DMA line.

  • Price completely recovered to Nov'18 levels
  • Hits the 350 Day MA line. Strong resistance
  • 5 Waves (Green) are done. ABC correction should follow
  • Reached the blue channel top

After 5 waves are done, its hard to judge the correction target. But I left 2 possibilities based on the Fib levels.
Commentaire:
Commentaire:
EOS on the way to our first target at 0.382 Fib. Hope this helped

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.