New to TA, but like most coins today, bear flag is formed on the EOS 4HR. RSI is resetting and price has come back inside the lower bollinger. Bullish sentiment was strong before this dip, hopefully EOS can pull an upward break of the flag and regain momentum.
I'm all in for EOS and is excited. I think it will recover quite nicely. I still have a big position from 4/5. Took some profit in April. Now just waiting for BTC to resume before buying more EOS. Sure not buying anything at the moment. Now I know about the Mt Gox and Upbit situation. I know most EOS volume is from Korea. It recovered better yesterday than it did today. I hoping it's just a situation where traders are moving there coins to another exchange and EOS will recover again. Other than our short term issue, the long term for EOS is awesome.