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