SUMMARY
The BOSCoin (BOS)! I like that name! It's also putting in a two series rounded bottom price pattern. This is an effective way to enable a very slow, protracted length of correction. Price mostly moves sideways and combines well with the complex Elliott Wave sequence, WXYXZ. So, what's next?
I believe the right wall of the rounded pattern will be built next and this will likely coincide with wave 1 of the impulse sequence. But check out the MACD. The first fractal had a symmetrical pattern and now a repeat but proportionately smaller. An MACD breakout should allow the larger degree of trend wave 1 to complete.
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
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