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RE: EOS Update: Pushing the Boundaries of Wave 2
Hi Haejin,
Is it possible for EOS to go lower than the initial price? Also, is it not possible that the initial price on Bitfinex is higher meaning that we could potentially be looking at lower prices? I've been looking for the exact initial price but couldn't find it anywhere. Thanks again for the great analysis.
Yes, it can go lower than 1 and if/when it does, the corrective nature of the A,B,C zig zag won't change. It's still a zig zag correction. That means after every abc correction, there is a change in direction. That change to upward direction should be impressive and most likely correlated with Bitcoin.