EOS Analysis 5/06 EOS-USD
As expected, EOS / USD is currently in a correction of the fierce upwards momentum that I have labeled wave 3. By ending the first minor correction within the small pennant formation, more concrete price target projections are now available. As things stand today, I strongly believe that the price breaks down the pennant's limit. This will automatically unlock the targets on the bottom.
The price targets range from $ 13.45 and $ 12.55 for this wave count.
This is NOT investment advice and does not require buying or selling. Every reader is aware of this and makes their own investment decision with their own understanding of risk management!
Cheers Jessy
Outstanding analysis @tradingqueen!
I have also had a short term bearish analysis on EOS and have been receiving a lot of criticism for it as well haha. Also expecting a drop towards $13.50 - $14.00 Keep up the good work :D
Thank you so much!