This is EOS/USD Bitfinex Macro Trend Chart from their beginning in 2017 up to now and we can see the resistance at the 1.0 Fib Channel and the support at the 0.0 Fib Channel of this chart above. The support zone can represent a good entry point but again, all the alt-coins around this time are pegged to the Bitcoin action price and it's hard to know where we are going from this time frame. Thank you for passing by and any suggestion or comment are welcome.
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.