![Analysis_Logo Resize.png](https://cdn.steemitimages.com/DQmPGS4NFos8KZvW7KRjkYs21czufu92Vr9qooFwGNJm5vc/Analysis_Logo%20Resize.png)
### EOS looks to have completed a healthy correction. Price dropped back to the top of the $5.80 support, created a double bottom and is currently trending up. 
![Screen Shot 2018-08-30 at 12.04.34 PM.png](https://cdn.steemitimages.com/DQmUTDEtEL9kZCgdRAyHBUqAZqqxf38BF9DxCsiZSHdkaL9/Screen%20Shot%202018-08-30%20at%2012.04.34%20PM.png)
### Looking at the daily chart, today’s candle needs to close above yesterday’s close of $6.13 to remain bullish. Ideally price will close above the upper wick of yesterday’s candle ($6.51). Volume has been slowly increasing over the last 2 days. It must continue to increase if EOS is to remain bullish.
![Screen Shot 2018-08-30 at 12.10.01 PM.png](https://cdn.steemitimages.com/DQmYaesv43Ttcu9kwKaoPq6kUGsp6SHRCTM9QEXxeNH7rag/Screen%20Shot%202018-08-30%20at%2012.10.01%20PM.png)
### Looking at the 1 day MACD and RSI, we can see clear hidden bearish divergence. This is concerning for bulls. 
![Screen Shot 2018-08-30 at 12.15.31 PM.png](https://cdn.steemitimages.com/DQmbrZHuzmZQr864Vs6q5jdRAw67o4pRFdeJmkHbHch5K8Y/Screen%20Shot%202018-08-30%20at%2012.15.31%20PM.png)
### In today’s video analysis, I discuss price movement, my Elliot wave count, traps to avoid, market psychology and MUCH more information not found above.
## Video Analysis:
https://youtu.be/sPRE-XwqPDk
#### *If you’re viewing this on a site other than Steemit, and you don’t see the above video, navigate to Steemit or TIMM (https://mentormarket.io/profile/@workin2005?aff_id=Workin2005) in order to watch.*
### BIAS:
**Short Term: Neutral**
**Longterm: Bullish**

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*
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