NextLevelCrypto

EOS, the Bulls fight for every single bar

BINANCE:EOSBTC   EOS / Bitcoin
After a strong bearish imbalance and a 19% price drop , the price recovered.

The volume was pretty weak though, what shows us, that it could just be a simple pullback, before the price continues to drop .

The rising candles had long shadows, a sign of bullish uncertainty.

The major resistance line at 3809 hasn´t been reached.

One support is the 30 EMA , if the price drops below it, a next support level is the rising support line.
If this level gets broken, the price can drop till 3043.


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