IgorPorokh
Long

EOS/USD "Double bottom"

BITFINEX:EOSUSD   EOS / Dollar

EOS is in the process of forming the reversal pattern “Double bottom”, also on the ris we see a bullish diverter, on the whole level 5.7 is a powerful support, and in case of a breakdown we will see 0.5 total growth of $ 4.9


Growth goals are understood, the first is resistance at $ 6.34, and then 0.618 Fib 6.89. The volumes on bearish candlesticks closer to the support level are elevated, the bulls do not want to pass the level, and will fight.


Paired to the cue ball, we also came to the support zone , however, we haven’t yet seen a bright bullish reaction, we are hanging over the precipice, and perhaps we will see a false breakdown like it was on LTC. In any case, the situation in the EOS / BTC pair allows us to work out a double bottom .


In general, the situation with altas is a little good, in the light of the last decline of bati, they didn’t turn red so much, and some paired up with BTC even grew, the Bitcoin domination chart shows bearish diverters and reversal candlestick patterns.
Hey Igor,

It does look juicy in the short term it's ready for that wave 3 leg, but the daily is looking pretty bad, specially with that long term trendline broken.
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yu got it
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Nice, but might drops more.
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