EOS (EOSUSD) - MOON AGAIN OR PIT?

EOS has been moving in the symmetrical triangle since last 10 days or so. It tried to go down but got support from the trend line and rebounded back. So, keeping this in mind, i think we can experience a possible breakout in the near term. The breakout can happen either ways - Upwards or Downwards. But going by the roadmap of EOS, it has some good news coming in which can support the upward movement.

I will post about the indicators in the next post after the breakout because right now the indicators are not giving any clear information about the price action.

NEWS:

• 10 May 2018: EOS EVOLUTION AIRDROP: Evolution Airdrop will take place starting May 10th 2018 5:30pm UTC. The aim is to disperse tokens evenly across the EOS community.
  
• 11 May 2018: EOS DAWN 4.0 Release.
  
• 11 May 2018: Listing on Coinbit.
  
• 1 June 2018: Mainnet Launch.
  

Also note that, price action of BTC will also affect the price action of EOS. So, keep an eye out.

A zoomed in 45-min chart:

P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.

Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!

Good luck trading.!
Peace.

Comment:

Still moving in the triangle. Need some more time to breakout:

Comment:

Still moving in the triangle. Need some more time to Breakout:

Comment:

Trying to hard to move up tha Ichimoku Cloud, just need some more buying power to break upwards:

Comment:

TANKING HARD. BROKE DOWN DUE TO BTC.
BTC MUST REBOUND FROM THIS LEVEL, ELSE WE ARE GOING TO GO MUCH DEEPER.