-the price keeps respecting descending trendline of support
-but based on the left side history
-the next key support is located -20% down more
-which coincide with two key factors; the swing Low support & Fib 0.786
-I'll update the chart if every see reach the target area below
EOS/ETH is approaching a price level for the first time in over two years. The yellow shaded area in march/april 2018 represents the imbalance of supply and demand because demand exceeded supply in a big way - price rose from 0.008 all the way to the high of 0.034. The chart tells me there are more buy orders than sell orders at that price level.