Continued off of my last EOSUSD analysis. Wave 2 retracement should be around 1.02. Wave 3 top is around 1.30. Looking to see close to 1.50 at the top of Wave 5.
This could be an Sub-Elliot Wave. Looks for the retracements to confirm.
Looks like EOS completed the 3rd Minute Elliot Wave....Expect retracement around the 38.2 of wave 3 1.22-ish. I would expect Wave 5 to top out around $1.60. Updated the upper channel now that wave three is complete.
Potential Elliot Wave XMRUSD. Wave 1 not complete yet. Top of Wave 1 based off of previous support/resistance.
Wave 2 has not yet retraced to the 61.8 of wave 1. It could be in a wave 2 sub-correction pattern (a,b,c). If this is correct look for wave 3 to hit the 161.8.
Potential Elliot wave. Wave 3 retracement should be between $134 - 149.
Attempting to map out EOS's path for the remainder of the wave pattern. Added the correction (attempted not the best at correction waves). Feedback is much appreciated!
1 Hour Elliot Wave with 3rd Wave Extension
Looking at IOTA it appears there was a clear reversal with the Double Bottom. Wave 1 starts immediately after the Double Bottom is confirmed. Wave 1 is roughly the value from the top of the Neckline on the double bottom to the bottom of the double bottom (6 -8 cents). Wave 2 clearly retraces to the 61.8 of Wave 1 on the Fibonacci. This should put Wave 3 in the...