$EOSUSD Correction may go deeper, $5 downside target, BULLISH
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EOSUSD could very well correct a little deeper towards the $5 area, currently the .236 fib is support but any move in BTC could lead to a drop to the .382 fib level. We will add to our position on any deeper pullback as we have a $9 target in place. Volume is quite poor at the moment but upon the RSI hitting tren line support that should initiate a buy signal and volume rise.
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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.