EOS update. Deep correction, but bigger picture looks upside!
EOS as I was expecting after nice run upside from ~3,8$ to 7,4$ has to make a correction, that we are seeing now. C wave looks deep, but I don't see it as a reversal downside for new lows!
I'm sure any tme soon we will see a continuation upside:
1H time frame chart:
4H time frame chart:
Note: This is not a financial advise or trade call, it's only my personal opinion and arrows in the charts shows just an indication of direction, not the specific points or targets!
PLEASE EVALUATE MY TIME BY UP VOTING AND RESTEEMING THIS POST. THANK YOU!
Your crypto_analyst
@andriustovis
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What do you think long term, some people see EOS as a possible new Bitcoin based on their tech..
I don't know:)
Would you buy the dip at the end of C wave or break to the upside of wave 1? Whats your strategy once you have a confirmation thats its forming a corrective wave 2 for upside wave 3. Thanks for your analysis.
I use both strategy. Buying the dip is always a risk, as it could make new low, so for safe investing you should wait for break out of upper trend line of flag.
Thanks