EOS running out of Fuel or just Started?

After several requests to do an analysis on EOS, here it goes. It obviously got pumped like most alts. A bit bigger than most as well, but it got hit the hardest as well the past month. At the moment it looks like it is running out of steam a bit. Of course depending on Bitcoin', it would not be bad to make a good consolidation here.

On the right i have zoomed in, we can see a small bull flag . If that breaks down, there is still the possibility for a ascending triangle . The 2.4 is obviously a level that needs to be defendant by the bulls. If that breaks, anything could happen. Volume is good at the start of the rally but is decreasing now as well but nothing unhealthy yet. I would not expect too much on the short term though. Think if the small flag breaks and the triangle, we will prob test the 2.4ish again

Comment: The candle on the left is quite bad now, if it closes below the 2.55/2.6, normally becomes a sell signal

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The problem is you can not just look at the chart and predict eos. Fundamentals are different. Eos is 3X leverage for BTC. If you guess the direction right profits gets quite reasonable. Eos does mega corrections and jumps nothing to worry about.
David, you are simply a legend!!! Thank you :-)
What do you think?
Are we running out of fuel?
Can you give your opinion on ADA or LTC?

Highly appreciate your work!
Can you do an update on XRP as well? :)

this looks like a fractal to me, wonder what your point of view is since you're the fractal master. ;)

Bedankt voor alle analyses!

+1 Reply
Eos is my favorite investment. This micro(giant)waves will not stop till $4-5 range. Step by step.I did post couple ideas recently when eos was not doing well. People didn't even take it seriously since I don't have many followers. I don't want them anyway.

+1 Reply
thank you David, we love you forever
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