Kinashi_San

$EOS USD - Short term bearish signals, how far down?

Short
It seems that the steam have already cooled off for EOS but how far will it go?

While we are still looking bullish, we should expect to see the high $12 range within the next couple of days as this leading diagonal develops for the first wave of wave iii. There is a supporting trend line that originated since 10/2017 which needs to be respected. If we get a daily close below this trend line, likely we’ll be seeing $8 before resuming the up trend.


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Kinashi-San

*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*

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