EOS Bear Out Hunting
Updated
EOS took the scenic route through the 8h kumo and broke through 7.75 support. CBI volatility indicator is glowing green (green columns in lower oscillator) meaning BB are pinching tight. We will likely see prices sub-6 USD. Zooming out to the 15h chart shows kumo support, but that's a heavy price climb to maintain bullish support in addition to having a weak part of the kumo exposed currently. Anytime the price retreats back to the kumo is an opportunity to short.
15h
15h
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