EOS / BitcoinLong
$EOS, Riding Around…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend behavior, stochastic rsi showing momentum temporarily in favor of bulls. EOS currently testing our dynamic and horizontal resistance, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price has been stuck in consolidation for the last week, stochastic rsi showing momentum in favor of bears. A daily close below 84700 and expect EOS price to sell off towards 74000, however if we get a daily close above 88700 expect price to push towards 125000
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