Where is EOS going? Will this uptrend continue?
Riding down with the orange line or will it catch the previous purple trend line?
Still needs to break the diagonal white line/important support lines and the purple line to confirm a nice dip .
Disclaimer: This is not an accurate representation of what will happen. This is not investment advice; just an idea.
The trend is being tested; EOS may finally retrace back into a short term buy zone. This is just speculative. Alts are very bullish right now with a possible upcoming BTC 3.64% dump. EOS is turning each Buy Zone into a memory. 4HR MACD still looking sketchy. If it can continue to hold those support lines, then the uptrend will indefinitely continue.
This current uptrend looks very similar to 11-1 to 11-4, EOS exausted its pump for now and is short squeezing before a pull back to $1.35-$1.50. MACD for 4h is too risky.
I'de like to note that the coin does absolutely nothing in the crypto world. It's useless.