Updated

EOSUSD needs to hold $5.00 to see $7.50 : per Fib from Bottom

EOS has been lagging in the bull run of large cap coins.
But it has been following a clear rhythm since the bottom.
If bulls hold the 5.618 around $5, then the 9.618 is possible.

If the 5.618 breaks, then the 4.618 is absoulute last stand.
If the 4.618 breaks, then we may have a serious correction.
If the 4.618 hist and bounces, then the 8.236 is likely top.

Note

Currently facing rejection from 6 with an exact Ping of the 6.236 from underside

snapshot

So now we look to the 5.618 and $5.00 round figure for support.

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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.