The 3 options:
MOST BULLISH: BTC has bottomed at just under 8400 and will now start up, leaving EOS to complete its D and E before a 3rd wave explosion out of the triangle formation. Timing is never easy but just for fun I will call 11am EST as the breakout time with 6pm (Asian Market open) as close second.
Almost As (so naturally with fewer capitals): BTC will go down a touch more to 8280-8050 range and EOS will complete its to a still very 38% retracement for wave 2. Then up we go in a hurry.
least bullish: BTC corrects deep on its 2wave and goes below 8k testing 7900 and even 7700. This will bring EOS to the very common 50-61.8% retrace zone between the two golden pocket lines. I see this as least likely and will not even consider a 78% retrace or EW failure unless I see something supremely on BTC chart.
You have your levels for reloads ppl . trade smart and remember this is not advice, just a shared idea.
Well I was off on my breakout prediction by 15min LOL. 10:45 breakout. Needs confirmation but BTC looks to have made a very strong reversal candidate with this recent bounce off of 8250ish. Wave 3 (or C up) on its way I think
Now I expect BTC to make another few legs up to complete this bounce or reversal and by the time BTC reaches 8k EOS should be above $8. 9k...$10 EOS. Bargain prices disappearing for good so load up would be my recommendation but keep in mind I do have a pretty obvious bull bias and don't subscribe to the idea that BTC is going to 4k, which would bring with it a further decline in all alt prices including this gem.