![Screen Shot 2018-06-15 at 6.20.45 PM.png](https://cdn.steemitimages.com/DQmbr6sL1CCknNr63LcQhWD4G9CE1R6p5iKrebioH73BGUj/Screen%20Shot%202018-06-15%20at%206.20.45%20PM.png)

### Yesterday I said price would likely rise to $9.30 before correcting. Overnight EOS hit $9.34 and now seems to be in an ABC correction. Price is operating within a wedge. I'm watching out for a possible break up, only to create a double top and then fall back down to complete wave C. If this plays out, I'd expect the target for wave C to be between $8.60-$8.40. Here's how this might play out. 
![Screen Shot 2018-07-18 at 2.36.21 PM.png](https://cdn.steemitimages.com/DQmZhEBkVRPBazdcMYuHiN9FseDkj49zWmKAnu7pByAbWLf/Screen%20Shot%202018-07-18%20at%202.36.21%20PM.png)
### The 4 hour RSI is overbought. This suggests a pull back is likely. 
![Screen Shot 2018-07-18 at 2.39.54 PM.png](https://cdn.steemitimages.com/DQmXXV46M6egdaCMV21TbbPqhFWvrqo8ZFnWcmDbse9C49U/Screen%20Shot%202018-07-18%20at%202.39.54%20PM.png)
### The 4 hour MACD is starting to downtrend...and the Signal/MACD lines are showing signs of reversing. 
![Screen Shot 2018-07-18 at 2.40.20 PM.png](https://cdn.steemitimages.com/DQmVSDPAW1FFxXhVJFmZkfha6xB7Smi2FVHbhLGC4uuACgU/Screen%20Shot%202018-07-18%20at%202.40.20%20PM.png)
### Looking at the daily chart, we see price is finding resistance at the 200 day EMA. The 8 day EMA looks as though it may cross the 21 day in the next 24 hours. If that happens, it's going to be a very good sign of market strength. 
![Screen Shot 2018-07-18 at 2.42.51 PM.png](https://cdn.steemitimages.com/DQmViKBVkxMUWK4RgJbJNeREobXQAx6tX3DNs5wvBkj3fda/Screen%20Shot%202018-07-18%20at%202.42.51%20PM.png)
### We can see price is sitting in a strong supply zone. Price needs to take out that zones prior high of $9.44. If that happens, I expect price to rise up and test the $10.30-$10.90 supply zone. 
![Screen Shot 2018-07-18 at 2.46.29 PM.png](https://cdn.steemitimages.com/DQmXSuJZTnCnipqPGc9jen23U9vkGtu7qUyiPr39fpQRKxc/Screen%20Shot%202018-07-18%20at%202.46.29%20PM.png)
### Please watch my video analysis for MUCH more detail not found above. 
## Video Analysis:
https://youtu.be/S6LVLJovryI

**BIAS:**
**Short Term: Slightly Bullish**
**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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