caimano

EOS areas to confirm the next move

BITFINEX:EOSUSD   EOS / Dollar
EOS looks weak after the ATH we have retraced in 0.65 Fib area and a good support has been found but EOS is having a hard time to regain steam.
The volume still good, it's declining but still good.
If EOS will not explode in the near future (and this is strictly correlated to BTC price action), there is a high probability to see some declining in interest and speculation.
On the short term, the 2 major trendlines behavior could confirm or reject the next price movement.
2-4 days to get the verdict!

Comments

@investa another chart for a short-term analysis of EOS.
I did not see any EOS analysis from you in a while....!
Reply
fract caimano
@caimano, I like it
Reply
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