EOS Impulsive Bullish wave in action
Yesterday I posted the following 5-wave path to be follow by EOS:
Happens that now, in less than 20 hours, EOS seems to have finished a very short and quick 1st, 2nd and 3rd waves, as drawn below:
On this ''trip'' EOS has grown more than 26%, passing from 1.9 to 2.4 USD !!!!
...and, if I'm not wrong with the count, EOS should correct a little now following the 4th-wave and then take the path of the Final impulsive 5 wave of this subcycle, reaching a value close to 3 USD.
Remember that under a wider time frame Elliot Waves-count shows us prices from 7 to 10 USD per EOS as a conservative approach, to be met within the first quarter of 2018
@toofasteddie (proud to be a STEEM, GRIDCOIN, BTS and EOS dreamer and believer:-) )
*This is just my personal point of view, please, do your own assessment and act consequently.
Fortunately, I was watching the curves on Bitfinex when it started pumping. And I was quick enough to invest.
Firs, invested at 1.96 and then at 2.01 both trades paid off very well within short time. Sold all stakes lolx.
good job @toofasteddie thanks for sharing!
Thanks mister! hope you entered consequently
Full loaded with EOS :))
i was thinking in taking some profits right now, any idea where this wave eos/eth should stop?
atm in my exchange its's: 0.005690
As I wrote, 5th wave of this subcycle should reach 3 USD easily or more!!!
The current bullish 3rd wave did not finished yet! and is right now 2.6 USD...
Not bad now to take profits but I guess should reach higher highs within hours
EOS/ETH seems similar:
![](https://steemitimages.com/DQma8gWjDpAwYmTyazC8xvhDKdN2MVjAbuMtxaCek984v7N/image.png)
So 0.007 would be a good point for getting profits
excellent! amazing answer!
let's see if i can deal with taking profits at end of wave 3 and reload more E0S at wave 4 FTW!!!
I saw your analysis yesterday, should’ve bought some EOS! Nice work. I don’t really understand Elliot Wave theory, but it is fascinating. Is there a link/resource you could recommend if I wanted to learn more about it?
Thanks!
Look, there are a lot of information just browsing google entries... nevertheless, this seems to be the best guide:
http://www.elliottwave.com/Book/Elliott-Wave-Principle (reccomended by @haejin as well)
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