It seems that the steam have already cooled off for EOS but how far will it go?
While we are still looking bullish, we should expect to see the high $12 range within the next couple of days as this leading diagonal develops for the first wave of wave iii. There is a supporting trend line that originated since 10/2017 which needs to be respected. If we get a daily close below this trend line, likely we’ll be seeing $8 before resuming the up trend.
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Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
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