EOS is currently approaching ascending support of blue channel bottom. Loss will send EOS into yellow channel, which in my opinion is a more likely long-term channel due to shallower angle.
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If crypto market can keep it together, then EOS can follow Ethereum. Otherwise fundamental support at 2 dollars.
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eosbtc broke down from the blue channel in the main chart and is heading for the channel bottom which is parallel to the line that joins the EOS peaks. I suspect it may break channel bottom here
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