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Can EOS Put In a Second Round of Impulse? by haejin

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eos · @haejin ·
$237.10
Can EOS Put In a Second Round of Impulse?
<center>![](https://steemitimages.com/DQmf5i45SGJccjYLWdc8q8KNzXgL2mfG6f2z1jc7U9xpQnn/image.png)</center>
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**SUMMARY**

Here is EOS still well within the broadening pattern and hugging the bottom trendline support. Price has broken out of the yellow wdge with bull wick. 

![](https://steemitimages.com/DQmZQg7KRMqQ7rijREZtxHw4P7kZ87mbu4e81njBmxZsVnL/image.png)

The MACD also escaped out of the contracting blue line pattern and has been going sideways. How would this get resolved?
![](https://steemitimages.com/DQmdV7NuDEQsRxxPY8fooErc74AZfEKfnyrjktjE2WMx4D9/image.png)

The closeup shows the first round of impulse having completed. Since then, the minor correction has retraced about 0.618 of the impulse rise. Given the label of WXY with Y being a symmetrical triangle and so the correction being now a combination type; the second impulse (blue waves) should initiate as shown in below chart. As had been mentioned numerous times, two rounds of impulse up are often the best indication of a trend reversal confirmation.
![](https://steemitimages.com/DQmakqPQCnziL9N3eVY9ipabrqXPo4MxWCzGU8NECffyTrm/image.png)


**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. </center>


Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
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<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif



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vote details (336)
@ahuruglica ·
$2.02
EOS ICO will end in 5 days. Only if a small portion of the amount of ETH they  raised every day goes to purchasing EOS on exchanges, price should keep going up.
👍  , ,
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@andriustovis · 
Not yet! I expect a short term plunge first to complete a correction:
![](https://steemitimages.com/DQmXgKVEYbxjCwU9R2CRmcY82rip4q291u2LsHv9mX7TMUm/image.png)
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@ponggod · 
No it doesn't. The ICO won't end until June. 54 more days to be precise. https://eosscan.io/
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@thabiggdogg · 
>It's only meant for use as informative or entertainment purposes.

Check out @TruthTrader. It tracks Haejin's performance. I give #Hgin a BIG FUCKING F For FUCKING FAILURE!!!!
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@shawnster · 
Yeah not sure where you got that info ahuruglica...my understanding was it ends in june...i'm not sure if you guys know this but OpenLedger is supporting the transition, so you don't have to register your tokens..they will take care of it for you...I've noticed better selections, better volume and more stable nodes on OL than Bitshares...i keep getting kicked off of the nodes by Bitshares even thought they have some in and near California...but Bitshares  should be solid in the next few weeks to months after their updates
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@batfinkler · 
Hey Shawn so if we have EOS in Bitshares we don't need to do anything as openledger will register them for us, and issue the EOS tokens once they come out ?
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@andriustovis · 
It won't go upside yet! Your labeling is wrong as (Y) wave can't be higher than (W).
![](https://steemitimages.com/DQmXgKVEYbxjCwU9R2CRmcY82rip4q291u2LsHv9mX7TMUm/image.png)
👍  ,
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vote details (2)
@darko-l · 
looks like you were wrong... too much good stuff coming for EOS to go down...
👍  , ,
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@andriustovis · 
Lets wait some time and we will see if I was wrong:) I still remain with my opinion it will make one more plunge to complete the correction!
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@andriustovis · 
I was wrong due to short term plunge, but right due to upside!
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@andriustovis · 
https://steemit.com/cryptocurrency/@andriustovis/eos-update-despite-strong-upside-still-expecting-one-more-plunge
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@gr4s1u · 
We are in time where good news do nothing and bad news are affecting market very strong
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@cryptopiece.com · 
Hello. 

Advertise your project on https://cryptopiece.com/

One ad-block costs $9 and it will be live until November 2021 minimum. 

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Cryptopiece aims to promote and showcase all the projects in crypto industry on a gorgous grid based retro landing pad. 

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![Crypto Piece compact.png](https://steemitimages.com/DQmQzN6rq6Bm5BCzctX6rLsxwYrKgxPkThCkjLXrPEbfJtY/Crypto%20Piece%20compact.png)
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@steemit-abuse · 
https://freephotoupload.com/images/2018/02/27/abuse3.md.png
@AbuseReports
@Duplibot
@Spaminator 
@SteemCleaners
@SteemFlagRewards
@Steemit-Abuse

Comment Spam
👎  
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vote details (1)
@darko-l · 
Thank you for the analysis. EOS has such a great potential. It will surprise everyone.
👍  ,
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vote details (2)
@gvincentjosephm · 
It could be but nothing is certain until things already happen.
👍  
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vote details (1)
@andriustovis · 
Unless you understand the charts :) 
![](https://steemitimages.com/DQmXgKVEYbxjCwU9R2CRmcY82rip4q291u2LsHv9mX7TMUm/image.png)
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@darko-l · 
ok dude... we got the point... you don't have to post the same thing everywhere.
👍  , , ,
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vote details (4)
@hefziba · (edited)
I bought my EOS on dex-exchange do I still have to register my wallet?
Does anybody know?
properties (22)
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@nick300 · (edited)
Binance Exchange will support the new EOS Blockchain and will perform the 1:1 conversion. So either keep them on Binance or install the Exodus Multi Crypto desktop wallet and have your EOS wallet "Auto Registered" for you with a flick of a button inside Exodus.

How do I register my EOS address inside Exodus?
https://support.exodus.io/article/690-how-do-i-register-my-eos-address-inside-exodus
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@cryptogains · 
are you sure if i have my EOS token on binance than i don't need to register them? please let me confirm thanks
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@hefziba · 
Its the DEX change of bitshares. I have open.EOS.

This is what it says: Asset open.EOS
OPEN.EOS is OpenLedger-issued asset for EOS Ethereum token. After EOS release it will be replaced by "real" eos The EOS.IO software introduces a new blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. https://eos.io

Issued by: openledger-wallet

I understand here that I don't need to register.
👍  
properties (23)
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vote details (1)
@heyimsnuffles · 
Here is your measured move off this breakout to, you want to be long this if Crypto bounces for sure

https://steemit.com/bitcoin/@heyimsnuffles/usdeos-chart-crpyto-market-looking-bouncy
properties (22)
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@ishfaq · 
I want bitcoin free is it possible
👍  
properties (23)
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vote details (1)
@nateinsav · 
Great call on EOS @haejin.  Looks like we both got this one right!
properties (22)
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@rene1989 · 
here we go !
properties (22)
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@rhdrud333 · 
thank you very much

I am curious about EOS 2 rounds
properties (22)
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@richard77 · 
I appreciate your cryptocurrency news
👍  
properties (23)
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vote details (1)
@tamim-islam · 
Wow
Nice POst.
Keep it up.
👍  
properties (23)
authortamim-islam
permlinkre-haejin-can-eos-put-in-a-second-round-of-impulse-20180410t183612646z
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vote details (1)
@steemit-abuse · 
https://freephotoupload.com/images/2018/02/27/abuse3.md.png
@AbuseReports
@Duplibot
@Spaminator 
@SteemCleaners
@SteemFlagRewards
@Steemit-Abuse

Comment Spam
👎  
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vote details (1)
@vardhanbtc · 
Is good to buy now ?
properties (22)
authorvardhanbtc
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categoryeos
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@workin2005 · 
I think EOS has a good chance of another impulse wave up..although I slightly differ from your analysis. I outlined that possibility here a few hours ago: 
https://steemit.com/cryptocurrency/@workin2005/eos-target-may-be-100-000-satoshi
👍  
properties (23)
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vote details (1)
@nick300 · 
Based on what EOS is trying to achieve, by making Blockchain un-complicated, yet highly secure, its a win win when it launches. Can't wait for June 2018.
👍  , ,
properties (23)
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vote details (3)
@darko-l · 
EOS is going to change everything.
There will be no match to EOS...
👍  
properties (23)
authordarko-l
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vote details (1)
@workin2005 · 
I agree
properties (22)
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