Greetings Steemians!
I haven't posted in a while due to travelling around the country and trying kitesurfing for the first time (more on that in another post!). An exciting new cryptocurrency hit Bitfinex recently and unlike most who pump crazy high and crash, EOS hasn't done that. In fact, it has had a beautiful 5 waves up to its first peak, and is now near completing its 3 wave corrective pullback. The last couple of waves 4 and 5 of this C wave down to complete major wave 2 have been very drawn out, but for those who know the Elliott Wave guidelines, a quick wave 2 indicates a drawn out wave 4 (and vice versa).
So after this chart gets one more low, I'd be looking for an entry as the chart is sending signals that EOS/USD is going much higher. Best of trading to you all!
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*I use bitfinex.com charts and prices for my analysis
**This analysis is free and gives no guarantee of success. As the cryptocurrency market is highly volatile, there can be no certainties.