ntaylor360
Short

EOS is maxed out, retracement coming soon.

BINANCE:EOSBTC   EOS / Bitcoin
EOS appears to be maxed out on its current run, reaching the top red dotted line which is also the previous all time high. EOS needs to retrace a bit to find support before it continue further and break through the red horizontal line. The deepest retracement I expect would be the .618 Fib line which also shows a strong VPVR area, however we might only retrace to the .382 Fib line.

I will also note that BTC appears to be maxed out as well and also needs to retrace over next couple days. I expect EOS to lead the charge and then BTC to follow along. If you look at the last few weeks of the run we've had with BTC you will find that EOS appears to have lead the charge by a couple days.
I forgot to mention that we've got the purple upward long term trend line which aligns very nicely with the .618 Fib retracement area.
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