Here I have used a 'grand fib' - essentially a fib level structure using the actual fibonacci sequence. Using the initial impulse that started the bull run on $EOS I have been able to map out some interesting and confluent points of interaction. This is a style taught by @cryptopicasso.
The logarithmic trend has now turned resistance in my opinion. This now gives us potentials price tops - very useful.
On Tuesday 23rd there will be an announcement regarding EOS VC. Should this news trigger a price spike, I expect EOS to re-test this trendline. The timing also lines up with the fib level at $30
The logarithmic trend has now turned resistance in my opinion. This now gives us potentials price tops - very useful.
On Tuesday 23rd there will be an announcement regarding EOS VC. Should this news trigger a price spike, I expect EOS to re-test this trendline. The timing also lines up with the fib level at $30
Comment:
Typo on chart: target should be $30.