EOS has finished the last wave (E) of the symmetric triangle (4th wave). Now it's about time to start the 5th wave, which should reach the channel resistance at ~0.00132 Target: ~0.00132 Stop loss: below channel support
RCN is now on the way up to the symmetrical triangle resistance completing wave D Target: 0.00000617 Stop Loss: below channel support
Imminent breakout. Apex is on April 21st.
Missing one small wave inside the triangle then ready to start the next leg up. Target: ~0.0195
- MACD trending up - RSI has contracted throughout correction and patterned out a symmetrical triangle, now seems to be breaking up TARGET: ~0.00235
RSI and MACD climbing up, the price should do the same.
I think the correction is over because: - We can count five threes (five zig-zags) in the flag formation; - Volume has spiked nicely after decrease (as denoted by a pink line on the Volume Oscillator). Now, if correction is actually done, we are about to start subwave 3 of 5. I suggest buying only after flag resistance is broken.
I think the correction is over because: - We can count five threes (five zig-zags) in the flag formation; - Volume has spiked nicely after decrease (as denoted by a pink line on the Volume Oscillator). Now, if correction is actually done, we are about to start subwave 3 of 5. I suggest buying only after flag resistance is broken.
Target: flag resistance Stop-loss: under Inverse Head & Shoulders neckline