Price chart formed a 6 week-long rectangle with the lower boundary acting as strong support at 6.85 levels. The upper boundary was tested several times over the course of the chart pattern. The daily close below 6.64 levels confirmed the breakdown from the 6 week-long rectangle with the possible chart pattern price target of 4.67 levels.
EOS has seen a massive pump, with MACD slowing down I have gone short expecting a correction - also with BTCUSD pumping towards ATH we may also see money flow out of Alts furthering the short - tight stop as the rocket may continue but we should know in an hour or two imo..
