reasons. 1. rsi overbought 2. elliot wave target reached and well extended 3. RSI showing signs of divergence on EOS/USD.
entry. wait for signals like 1. MACD on daily 2. RSI divergence 3. shooting star/ reversal hammer candle close on daily
exit calculate 0.618 retrace of wave 3
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Note
road to 18 usd is clear next wave says 33 usd but i dont think its time for it yet too soon after the last pump ... should consoliate after jumping to 18usd if you follow EOSBTC chart.. dont! EOSUSD chart is almost perfect.
Note
weak bounce might fall further to 0.618 and consolidate there for a while
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