EOS dump incoming!

By HuPan
Updated
Hello, Dear all

EOS potential dump is incoming:
1. 4.7 is the resistance, tried hard serval times, but still cannot break, and the volume is decreased.
2. Macro crypto environment: bitcoin is struggle in down trend correction, whole environment is not good.

EOS/BTC:
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1. double top in 4H time frame.
2. RSI / volume divergence.

Based on all of indicator above, EOS dump may coming soon, if bitcoin cannot hold above 9700, the dump expected huge!

Pls like if this idea really help you.
Trade active
EOS/BTC drop to the support line.

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Trade active
Good move! just break the support line ~ 4.40. next support ~ 4.20
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and EOS/BTC break the uptrend support line also. next support ~ 0.0004475 BTC.
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Trade active
Price keep dropping, and also compare to the BTC. heading to next support ~ 4 USD

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Trade closed: target reached
Bitcoin (Cryptocurrency)BTCChart PatternscryptoEOSEOSBTCEOSUSDeosusdtTechnical IndicatorsshorttrendTrend Analysis

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