EOS: Be Long Term Greedy!
SUMMARY
Note: For anyone who missed the BitcoinLive Information Webinar, here is the replay link: https://youtu.be/No4frLOz3UE
As of June 4th, ALL Crypto Analysis will be posted on the BitcoinLive channel and Steemit will be dedicated for Equity, Commodity and Option Analysis. To Signup for the BitcoinLive limited Founding Membership slots, use this link: https://get.bitcoin.live/haejin/
__
EOS is moving within a sizable broadening pattern as can be seen in below chart. Since the terminal end of the yellow wedge pattern, price has moved up in an impulse(blue). Since five waves are complete, a correction is required and the current minor decline is fulfilling that. These smaller twists and turns should be ignored because being long term greedy will constantly have you see the big picture.
The purple waves are higher degree of trend. Note how the blue impulse become subwaves to purple wave 1. The current minor correction is probably best labeled as an wxyxz (red) sequence and these will compose the subwaves of purple 2. Even if price touches the bottom trend line, it would still remain as a valid purple wave 2. The longer term shows that likely, price will aim for the upper trendline which is where blue wave e resides.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
Great BitcoinLive webinar @haejin. Wish you the best in your future with them, and hope to see you on steemit every once in a while!
Go EOS you're our coin if you can't do it then no coin can!!
Here's our new Discord channel invite, so you can join us there.
much room for going down ..
i`m 20% of my crypto portfolio in eos, second to bitcoin
I LOVE EOS!
Wow your really leaving Steemit @haejin? Damn...
I agree, EOS is the coin to buy and HODL! Patience!
EOS.Best in top 10.
Information is very useful for the steemian
stupid TA
Thank you very much.
I understand a little, but it's still hard to understand.
I will try to learn the same as you who are not experts in this field.
But you are smarter than me.
Once again thank you very much, you have been an inspiration for me.
@haejin