EOSBTC Potential 100% Profit

18 Jul 2018

EOS has potentially found its bottom and is looking to climb to the top of the falling wedge trendline . It has faced resistance at the previous 0.618 Fib support level , and now we should see a slight retrace before continuing upwards. Long term target is the previous ATH 0.72% , but we could see this go much further in the long run.

18 Jul 2018

Nota

Retraced nicely and hit the 0.38 Fib. Still potential to fall further, as Bitcoin looks set to correct slightly. Here you can see the 200 Daily EMA in pink aligns perfectly with the .618 fib level of this retrace. This should act as a suitable support incase we get that low.