What is the price for that hard drop to be followed by a bounce? I'm posting up the price range from a historical perspective and recent support lines.
Observations: BTC - downward trend but the weekly charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction. EOS like NEO is move alike as per BTC, not necessary the same % Entry ranges from 4.2 to 4.8 depending how much BTC drops and the rate of its drop. 4.2 to 4.6 seems to be the very bottom Like BTC, EOS Weekly shows we have higher lows and lower highs, then its likely the bottom is more higher than previous times indicating around 4.7447
Good luck
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RSI in the 2hr chart overbought conditions and Fib retracement is between 38.2% level for a bit before testing the 50.0% level.