EOS / Bitcoin
Short
Updated

macro scale...Big EOS short coming very soon.

2 317
reasons.
1. rsi overbought
2. elliot wave target reached and well extended
3. RSI showing signs of divergence on EOS/USD.

entry.
wait for signals like
1. MACD on daily
2. RSI divergence
3. shooting star/ reversal hammer candle close on daily

exit
calculate 0.618 retrace of wave 3

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thank you :D
Note
road to 18 usd is clear
next wave says 33 usd but i dont think its time for it yet
too soon after the last pump ... should consoliate after jumping to 18usd
if you follow EOSBTC chart.. dont!
EOSUSD chart is almost perfect.
Note
snapshot
weak bounce
might fall further to 0.618 and consolidate there for a while

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