EOS EOS/USD Final Squiggles likely now completed and decline most likely OVER! Turn around UP expected to launch HIGHER
May 24, 2018
Here is chart from today showing that the decline, which I think is wave 4 of the move up, is likely COMPLETE!
On May 17th, I had presented this chart with the title:
EOS EOS/USD Final Squiggles setting up completion of decline amd Turn around UP expected soon
and the zoomed in 1 hr chart:
I had noted then that "The decline seems to be progressing as expected, and is likely reaching its final stages as indicated by the positive divergences in RSI and MACD. Seems a turn up is close at hand. Fingers crossed!"
In this blog post on May 16th,
https://steemit.com/money/@phisight/eosusd-eos-usd-final-stages-of-decline-a-bullish-move-up-coming-soon
I had presented these charts:
2 hour
1 hour
Hope this analysis was/is/will be helpful!
Note: you can right-click and open charts in new tab to see them at full size -- they are quite large and clear.