EOS just following the upward trend versus 
USD and just reached the resistance zone.-Resistance level at $6.3 corresponds to previous recent high, also corresponds to a fib retracement level
Possible scenarios:
- Resistance does not hold, we will most likely go to the next restistance levels of $7 and $7.5
- Pullback at resistance and retest: same as above, this is the most likely scenario to me.
- Fails to break: in my view this would like really bad on the D chart and could take us back to the low $5
Please follow-me on twitter: twitter.com/Blockchain_rekt
Disclaimer:
-Trade a your own risks, this is not financial advise, just some observations on the markets.
-Those markets are very volatile be careful
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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.
Related publications
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.