CryptoPatel

EOS/BTC Bearish Technical Analysis Update ( Weekly Chart )

Short
BINANCE:EOSBTC   EOS / Bitcoin
#EOS/BTC Technical Analysis:-

#EOS currently trading around 5309 Satoshi

As Per chart recently Rejected from High Resistance area and Which was Retest level also after Low Break down

I am expecting big Down move coming in EOS/BTC

I think first It will test 3600 Satoshi level. ( Which is -32% Down from here )

If hold 3600 Satoshi Level then good otherwise Ready for another 30-40% Down move from 3600 sat Support level.

I am Looking 2000-2500 Satoshi good Buy range.

Low Depends only if Break 3600 sat level.

Support:- 3600/2000 Satoshi
Resistance:- 7000 Satoshi

Keep an eye if Break Resistance then Turned into Bullish Mode.

But Maximum Chances to hit New Low.

Happy Trading.

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