BTCUSD Testing 2017 Trendline; But EOS Already Bullish?

Traders, welcome to our new video update. This time on BTCUSD and EOS.

I know that BTC made a very deep pullback, but this 2017 trendlien can be very important, so watch out for a reaction around it. If broken, we can see a fall to 4k, but if holds then upside potential can also be very nice.

So now when BTC is at "do or die" level here around 6k-6.5k, it can be a time to look at some Alt coins. I checked EOS which actually has a very nice potential bullish developments based on MACD and EW structure.

Take care!

GH

Comment:

Hello traders, Cryptos are slow over the last few days, but we can see that EOS still looking for more upside for at least three waves up towards 8.5 level for A=C.

Comment:

EOS broke higher as expected... updates soon

Comment:

As expected, EOS went nicely higher, but so far only in three waves. Current price action looks corrective, so EOS may continue higher above 10 level for wave 5 of (3) as long as it's trading above 6.35 level.

Comment:

Seems like wave (5) of 3 can be completed, so we can expect a deeper, three-wave pullback for wave 4, where support can be ideally reached around 38,2% Fibo. retracement and 12 level.