INTERPRETATION
EOSBTC was declared in January's publish to be a promising project that was undervalued & underappreciated (see related ideas). Despite being unable to avoid the early-2018 crypto alt crash, significant movement has been observed with suspected start of the next Elliott Impulse wave.
BUY SIGNALS
- Impulse Wave 1 & Wave 2 conditions appropriate
-Price-Cloud Entry & Breakout confirmed w/stable T&K-Price Bullish sentiment (significant due to extended period of bearish sentiment)
CAUTIONS & CONFIRMATIONS
- Fibonacci resistance monitoring to confirm Impulse Wave & Bearish momentum
POSITIONS
Confident entry point with high potential for profit from Impulse Wave 3. Predicted target to be at Fib1.618 (~0.00098800) or Fib@2.618 (~0.00126700).
*Note: Correction Wave 4 & Impulse Wave 5 not yet estimated.
EOSBTC was declared in January's publish to be a promising project that was undervalued & underappreciated (see related ideas). Despite being unable to avoid the early-2018 crypto alt crash, significant movement has been observed with suspected start of the next Elliott Impulse wave. BUY SIGNALS
- Impulse Wave 1 & Wave 2 conditions appropriate
-Price-Cloud Entry & Breakout confirmed w/stable T&K-Price Bullish sentiment (significant due to extended period of bearish sentiment)
CAUTIONS & CONFIRMATIONS
- Fibonacci resistance monitoring to confirm Impulse Wave & Bearish momentum
POSITIONS
Confident entry point with high potential for profit from Impulse Wave 3. Predicted target to be at Fib1.618 (~0.00098800) or Fib@2.618 (~0.00126700).
*Note: Correction Wave 4 & Impulse Wave 5 not yet estimated.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.