EOSUSD is tricky!

EOSUSD has just broken through the 0.618 circle and I think it will go further down next 10-15 days.

New target (currently short position): 5.1$

- Gann Square shows where next turning point will be.
- 0.786 fib circle confirms this.
- Gann Fan lines also confirm this.
- Elliot Wave Theory fits in.
- 0.5 fib reversed local from leg 5-4 says the same.

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My earlier idea:

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In a chart I made in a long time ago I found this interesting Gann Square. It seems to test the outer arc currently. Maybe a squeeze will appear in any minute?

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The small squeeze was small and it looks like it is currently in a sym. Tri. Pattern.

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...In other words it might keep on falling.

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The old chart gives target 3.3$. But I'm not sure at all :P I've never done a Gann square from an earlier top level.

Anyway right now is testing the current arc. And it doesn't look good.

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....and it went through the arc.

Order cancelled

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Even though the target never reached, we see that it is still inside the blu arc. Gann Square is a great tool!

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I've taken a closer look and made some copies of the last rally. It could work! If it holds the blue arcs, it do a massiv pump!

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Obs! Wrong picture!

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Here is my latest idea on EOSUSD:

Steffro

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Steffro