EOS(EOS): Showing Some Weakness

EOS had been showing some weakness after the breakout near the $1.03 zone.

We are not seeking for a re-test to that same broken zone and potential breakdown from there as well, which would lead to a price of $0.90

Swallow Team

Comment:

EOS has still not yet broken the zone that we have been looking at for some time now.

While price is showing some strength, we have added one more potential zone of entry for long positions as well (upon seeing a nice breakout).

So eyes open, and let's see where we get further confirmation!

Comment:

The upper zone of resistance has been tested, yet the price got rejected from there, which gives us a signal of a potential movement towards the lower support zone that we seek to break!

If all plays out nicely, we should first secure the middle line of BB and EMAs before the major movement!