sumeet007

Technical Analysis on EOS (EOSBTC)

Short
BITFINEX:EOSBTC   EOS / Bitcoin
There can be a minor correction till 38.2% Fib retracement level and if that breaks then 0.00157959 BTC level will act as major support.

1)There is a bearish trend line forming which will act as immediate resistance.
2)Once the bearish trend line breaks, the next resistance will be 23.6 Fib level.
3)It needs to break the 23.6% Fib level to move towards the all time high zone.

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