EOS
Long

EOSUSD: Cypher Pattern Again?

747
1. Weekly Cypher pattern:

- From 13 Feb 20 to 13 Feb 21 (366 Days) the big one in blue.
- There are 3 Fib Time Zones EXACTLY matching B & D of the Cypher & the next would be 20 Aug 21 (158 Days from now).
- So, when we are done with ABC Pattern in Daily toward $2.3 - 3.0 during the 49 days coming, we would see either a Time Correction, or a real price boom by 20 Aug 21.

2. Daily Cypher:

- Let's say the similar event is quite probable in terms of Price Movements & Fib Time Zones in this time frame in its own scale.
- I prefer to say that Elliot Wave Counting mathematically (Time & Price Dimension) does not work very well here.
Doing so can be a hint only & S&R Levels would be more applicable I think.

3. Fundamentals:
Day by day EOS is growing in FCAS framework as a basis for Cryptos Fundamental by scoring now at 916 - one more score compared to that of the last week.

Closure:
Though EOS has a high potential for growth, yet, setting a SL is absolutely necessary.

Not a financial advice.

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