Bullish structure broke down from price 2.70 which was a critical level.
Reasons:
1. Rsi divergence
2. Price broke down and made lower high
3. Fib level confluence at 2.70 to 2.10
EOS has showed strong upward trend last month and surged 90+% strongly.It has dropped in price about 25%+ since the last post.
Bullish Case:
It tested the Resistance(red bar) at $3.0 price level and dropped 25% recently.
If it manages to hold the support level(green bar) and breaks the $3 price level, then it we might test the $4.4 level with two major hurdle to...
