RoyReale

EosEth near to collapse

Short
KRAKEN:EOSETH   EOS / Ethereum
In the last week, the ratio EosEth reached his first target of the decline started on April 15th.
Now, from this level, Eos has a chance to recover, starting a new leg up in its relationship of force against ether.
But if Eos will lose the level that is drawn with the red trendline here in the chart, then a chasm will open.

The recovering of Eth against Eos could be only at its first stage...

Per Aspera ad Astra

Roy Reale

You can find more on my new telegram channel, see you there!

t.me/royreale
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.