5 Waves counting is coming to an end as confirmed by the
If you examine closely, every impulse downward created a lower low in the
However the 3rd wave, usually the strongest, created an extreme low point
This makes wave 5 extremely difficult to create an even lower low!
so inevitably a has appeared, telling us that wave 5 is losing power and is coming to an end soon.
this also obeys the fibonacci guide as wave 5 is approaching 100% of wave 1
Notice the major zone that i've drawn and how the BINANCE:EOSBTC is testing the 50% line?
i think it'll break through to complete the wave 5 and enters into correction
Now of course if the price goes straight through then the downtrend will continue...
But I think this is unlikely.
EOS is built and maintained by an incredible team with amazing records of creating successful cryptos.
FYI, Co-founder of steemit and bitshares is also the co-founder of EOS.
Their Ico is ending june and will be going live!
Furthermore, lots of Vc has been announced and HUGE capital are flowing in
What do you think the price will be like in 2018? .......