EOS is currently is finishing wave 4. Looks like a flat structure with 3-3-5 wave structure. Next impulse should it take it to around 17-18$ before we see correction of a larger degree.
IOTX a newly added coin on binance seems to have bottomed out after a hard dump as with all new coins. Oscillators show bullish diverengences. This might a good time to pick some up. It won't stay here for long.
This is my bearish count for all the whole correction. This is an elliot wave double combo WXY correction. Wave W is formed by a zig zag Wave X is formed by a flat with a truncated C wave Wave Y will be another zig zag down to 3k Then I expect btc to run sideways into accumulation before the next bull run.
ETH is towards the end of the ABC structure of wave 4 and will likely be starting wave 5 soon. This a good short opportunity as I expect a double top formation similar to the one on bitcoin.
BTC looks very weak, low volumes and bearish div on multiple time frames. I think BTC is currently making the wave 4 of A wave of ABC zig zag downwards and we still have another wave that can take it down to sub 7k ranges. Next major support is at 6.5k if that breaks we could easily be testing lows of 2018 Right now currently in the making the C subwave of 4 of...
EOS just completed an ABC correction after a 5 wave impulsive move. This is a good area to long. Oscillators also signs of bullish diveregence Target - $13.65-13.85$
I have changed my count from my previous BTC analysis. I believe this was more of impulsive wave to the downside. The volumes on BTC are still extremely I don't think this will have enough momentum continue upwards to new highs. The daily RSI reached oversold territory, and there was mutiple bullish div on 4hr and 6hrs so we should be seeing a bounce to reset...
ETH has completed 5 waves and is due for a short term correction down 530-540$ range between 0. 5-0 .618 fib levels.
Tron has been on the run recently due to the upcoming main net launch next month. Elliot wave anlaysis shows we are currently in wave 3 of 5. Expected target by main net launch is 1200-1300 satoshis as per fib extensions.
EOS has been extremely bullish lately. With the main net launching coming up next month, its great time to pick some up for massive profits. EOS is on its wave 3 of primary cycle. Wave 1 ended earlier this year after which we had major correction down to 0.786 fib. Currently, EOS has started its subwave 5 (green) of the main wave 3. Targets for this are around $33-35
BTC has been in a downtrend over the past few days. We had a bounce from the 7900 region, perfect algo target leading to this very short term low volume uptrend which is almost coming towards an end and will provide us with a nice shorting opportunity. From an Elliot wave perspective, this could be the start of a new downward zig zag with these five waves...