Hello, dear members of LeoFinance!
Earlier this year we were able to spot the trend reversal of EOS/USD. Now, let's figure out what the closest price target is.
I have applied in the daily chart (1D) the set of Fibonacci levels to the last wave:
My first price target is the 38.2 Fibonacci retracement level or approximately $9,66. The second one is the 50.0 Fibonacci retracement level or approximately $12,19. And the third one is the 61.8 Fibonacci retracement level or approximately $14.72. In my view, all these price targets are easily achievable in the daily time frame.
To be continued ...
As of the time of writing, one EOS costs approximately $8,04 on the Bitfinex crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for last almost 15 years, and as a cryptocurrency analyst for last almost 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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