17th June EOS Analysis

in #eos6 years ago

Bearish Count, the more likely scenario

Why? We are unable to break above the 60 RSI.

17th June EOS Analysis Bearish Count Part 4.PNG

17th June EOS Analysis Bearish Count Part 5.PNG

On our way to complete our last 5th Wave down for the ABC
Confluence at $7.772
My count of the 4th Wave of one lesser degree, with Fib retracements from both Corrective Waves

A break above $11.6410 would mean my Bearish Count is invalidated

Short when it breaks below $9.0887 with conviction(volume)

Bullish Count


17th June EOS Analysis Bullish Count.PNG

Should we complete 5 waves up, start buying on the retracement.
Any targets not hit will be bought upon the breakout above the end of Wave 1.

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