EOSUSD Just hit it's last major support in the bullish zone. From the 4H chart it is notable that the RSI has a H & S pattern. RSI head and shoulders pattern is very powerful and can drag down the price so much hard that no would expect. If RSI drops below 44 in the 4 Hour chart without passing above 60, then EOS will go ahead a major correction upto 5 to 6 dollars. Why am i saying this ? Because if RSI drops below 44 in the 4H chart it would push EOSUSD below the support zone and in the daily chart it would push the RSI below H & S neckline (yes it has a head and shoulders RSI pattern in daily too). Looks like a major crash isn't it. ;)
These are all valid if and only EOS breaks below. Else we are all good. Happy trading :)