Support zone on the Daily (EOS/BTC)
Uncharacteristic for wave 4 to go below wave 1 high, therefore it's unlikely that the support will not hold.
Also, taking length of corrective A and projecting it to B, we're getting a prime algo target (needless to say they're involved in finex pairs)
Fibonacci levels incoming, as shown in the chart.
I'll be opening a buy position w/ stop loss right under the support box (green), and I'd start thinking about taking profits from short if I had any open.
Also, taking length of corrective A and projecting it to B, we're getting a prime algo target (needless to say they're involved in finex pairs)
Fibonacci levels incoming, as shown in the chart.
I'll be opening a buy position w/ stop loss right under the support box (green), and I'd start thinking about taking profits from short if I had any open.
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