TradingView
TradingBTC1
May 7, 2019 2:45 PM

EOS looks ready to breakdown from uptrend! Short

EOS / DollarBitfinex

Description

Our proprietary oscillator is negatively diverging from price as well as the previous low in the oscillator and this would suggest that a big pullback in price is coming in EOS.
Target price may be as low as $3.80 if and when the price breaks down below the uptrend line.
Comments
DACapitalTrading
Great Setup following you now! I have a short Position running on EOS what do you think?
TradingBTC1
@DACapitalTrading, Great chart and setup, EOS mgmt tried everything possible to get the price up and it's failing so it looks like once this falls below the immediate current support then look out below!
More