EOSUSDT Daily. 2.9390 is a strong resistance if that resistance 2.93 and 3.18 rejects price to up word then we will see another bottom at 1.63 till Jun 15/2020. Reasons: 1. Price following through a narrow parabolic channel. 2. Price is still making lower low on HTF. 3. Assuming Rsi will be at overbought condition when price reaches to resistance zone 2.93.
EOS formed Flag pattern, it will move one way or another as seen in chart use tight stop loss.
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...