Ethereum has less adoption than even VeChain, Ontology or Bat so fundamentally its still over-valued. It has so many technical problems that best way forward for the team is to create another coin. I see supports at $167, $88 and $9 which are good places to close shorts to re-enter higher. On a weekly MACD crossing down.
What a carnage, after great news with Walmart price hit 1 cent, now dropped almost 60% from that point. Really weak price action of this coin which can't even be shorted on leverage. Its telling you that the team is distributing it left, right and centre. At this stage it can consolidate in low 0.004s but double bottom is in play.
Might be a good spot here to go long on EOS/USD if 3.60 USD holds on a daily. MACD in a decision point, either MAs will cross which can lead to test of bottom ($4.75) or top of ICHIMOKU cloud ($6), or reject and bounce of each other in such case levels of $3 or lower would need to be watched.
MACD telling to go long, waiting for confirmation above KC and ICHIMOKU levels. Levels to watch (sats):
POE is prone to sudden pumps, it might be getting ready to go on another one. If one were to go long at current levels and close at 100 thats 500% gain, SL: close below 18 sats.
Two months of sell off formed falling wedge. Broke out and retesting falling wedge right now (17 May 2019) with a bullish MACD cross. Going long here, even if BTC will sell off GRS can still go up as the volume is so low. Target 10,000 sats, but can go as high as march 11 highs. Stop loss hourly close below 5000.