If Bitcoin falls, the EOSUSD market will be able to move downward as well.
The price can bounce from 5.50 level. RSI is going to confirm the price reversal. The same goes about MACD histogram.
The downward movement will be good for the market and it will allow to get good trade opportunities. We should wait for reversal signals from 4.50, 3.70 support zones as well as from SMA100 and SMA200.
Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.