EOS ANALYSIS:
EOS recently was rejected at the daily resistance and fallen down to a temporary support. This support has formed a small rising wedge that has just broke. Therefore, I expect EOS to fall back towards support near 4100 sats. I expect this temporary support to hold on the double bottom. Following the hold here, EOS should be positioned for a nice run back up! My main targets to look for are 4440 sats, and T2 at 4600 sats. These are local tops that will be the next line of resistance, a break of these would bring in the final target to previous at 5180 sats. I do expect this to be breached, given that the temporary support holds. If the current support breaks, 200MA at 3800 sats would be incoming. I do not see 200MA breaking anytime soon.
EOS recently was rejected at the daily resistance and fallen down to a temporary support. This support has formed a small rising wedge that has just broke. Therefore, I expect EOS to fall back towards support near 4100 sats. I expect this temporary support to hold on the double bottom. Following the hold here, EOS should be positioned for a nice run back up! My main targets to look for are 4440 sats, and T2 at 4600 sats. These are local tops that will be the next line of resistance, a break of these would bring in the final target to previous at 5180 sats. I do expect this to be breached, given that the temporary support holds. If the current support breaks, 200MA at 3800 sats would be incoming. I do not see 200MA breaking anytime soon.