EOS has lost it's glamour, going short, target previous low
Up to a few weeks ago, EOS was a coin that was outperforming Bitcoin to extreme levels the last few months. But the last few weeks, seems like nobody wants it or think it's already to expensive. It's falling to much behind in the bull rally Bitcoin has made from the 6000 to 11.000. Ofcourse if Bitcoin makes a big move to 13K/15K EOS will also go higher, but if Bitcoin makes a correction to 9000, EOS will most certainly drop much more. Stop around 10.50
Note
EOS going perfectly, the targets are a little doubtful. The higher green area could be it, but also the second. I am closing half of the position at the first one, and the the rest at the lower one. Looking at Bitcoin, it will probably drop another 10%, so i think EOS will drop to the $6 again. 
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Disclaimer
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.