MAKING NEW HIGH IS POSSIBLE THEN DROP PRICE ALSO A MOVE DOWN IS FROM THE ACTUAL TOP IS POSSIBLE TOO IF SO BREAKING THE CHANNEL WILL CONFIRM SECOND VIEW
Technical analysis:
. EOS/DOLLAR is in a down trend and Beginning of up trend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Trading suggestion:
Although current trend is downtrend, but we forecast a uptrend wave would begin in Midterm.
Price is in the Buy Zone (5.18 to 4.43), we would set orders...
EOS looking to pump similarly to how bch, iota, and ripple pumped.
Undervalued and a prime pump target
I think it's coming soon.
entry points at:
$13.52
$13.06
$12.57
$11.96
take profit at:
$17.76
$21.92
$26.88
32.80
long term :
$46
$63
We're currently in a bear market so all coin prices are taking a hit. Including EOS the "Ethereum Killer". But this is good! Buy dips, hold, profit, sell, repeat. Happy hunting my friends!
EOS' chart shows us huge potential of forming a triangle. I caught it in an early stage so there is still a buy possibility. I'll be tracking this chart and will post updates the next coming hours.
