EOS, one of the strongest coins lately! Nice trading oppurtunity

Updated

Has been forming a big triangle the last couple of weeks. Breakout can be both ways, all depends on Bitcoin ofcourse. But this coin has outperformed Bitcoin very much lately.

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Not looking good, in theory it could drop to 10 or even below, but that would mean that Bitcoin would have to drop below the 9K probably. That's all easier said than done. Lets see if it can break this little flag, upwards or down. 13 is a good support level, for the bulls it has to stay above it

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And again, not looking good. It dropped out of that triangle, made a double bottom there, but it's a weakness that it was not even able to retest the former support level. I have shorted it at 13.70 with a stop at 14.50

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I have closed my short positions, could be going up from here again. Unless Bitcoin makes another big crash

botje11

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