EOS EOS/USD UPDATE --- Turn around UP expected to launch HIGHER

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·@phisight·
0.000 HBD
EOS EOS/USD UPDATE --- Turn around UP expected to launch HIGHER
May 29, 2018
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![EOSUSD May-29 2211 PM (2 hour).png](https://cdn.steemitimages.com/DQmb3b7641e5HM1pjWNLPziT7kVqN6TohLDEHvKHdm1N35V/EOSUSD%20May-29%202211%20PM%20(2%20hour).png)

EOSUSD is following expectations and a sharp move UP is anticipated. For trading purposes, invalidation of this count/expectation is quite close by -- which is the prior low at 10.31. So, if one wants to trade this coin, then a stop at just below 10.30 means a risk of around 2 dollars for a reward of around 12-18 dollars for the next run up.  With trading sizes positioned properly, this could be a good trade to consider. 
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Here are my past blogs detailing this count and so far seems to have followed expectations quite well.

May 24, 2018: https://steemit.com/cryptocurrency/@phisight/eos-eos-usd-final-squiggles-likely-now-completed-and-decline-most-likely-over-turn-around-up-expected-to-launch-higher

![EOSUSD - Primary Analysis - May-24 2225 PM (2 hour).png](https://cdn.steemitimages.com/DQmWET5N7fRJ5BTkmoiyHahXzqH3eMYSVdzksn6sGeD1R6A/EOSUSD%20-%20Primary%20Analysis%20-%20May-24%202225%20PM%20(2%20hour).png)

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
https://steemit.com/money/@phisight/eos-eos-usd-final-squiggles-setting-up-completion-of-decline-amd-turn-around-up-expected-soon

with these charts:

![EOSUSD May-17 2133 PM 2 hour.png](https://cdn.steemitimages.com/DQmfVY44ASTHLkrAnM3Xs7wLVYgYnaWkCz7KuK2hYiin3xo/EOSUSD%20May-17%202133%20PM%202%20hour.png)

and the zoomed in 1 hr chart:

![EOSUSD May-17 2135 PM (1 hour).png](https://cdn.steemitimages.com/DQmZCU1WRNPdGZqSqX19uhdY36u3HGYr5cqVSqj7zEGDBtK/EOSUSD%20May-17%202135%20PM%20(1%20hour).png)

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
![EOSUSD_May-16 2353 PM (2 hour).png](https://cdn.steemitimages.com/DQmSNdvkcHBkERvfaWkKystpvNv5avBL5iE7QMCpeDF2fs1/EOSUSD_May-16%202353%20PM%20(2%20hour).png)

1 hour
![EOSUSD_May-16 2353 PM (1 hour).png](https://cdn.steemitimages.com/DQmecAHbuCMhgiBzhLNiWarqK9p2axzfztRUmVfmCDezz4v/EOSUSD_May-16%202353%20PM%20(1%20hour).png)



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 clearer when expanded.

![Thank you!.png](https://cdn.steemitimages.com/DQmZErgDtv68Lta5MEBqpci4oDRFkfM4eAQ7QRmetX7C72A/Thank%20you!.png)
👍 , ,