So mana Pump and Dumped due to a hack or some reason and the fibonacci retracement showed a clear upward trend before that. Now it's indicating that the trend will change from upward to downward. You can see a clear inclined bearish Head And Shoulders if it completes in the next days the prize would drop exactly to the point where it would confirm a trend change....
The candlestick pattern is showing that EOS is going up and will at least test the resistance if you buy at 10488 is aprox. 3% profit.
Strong Bullish engulfing with confirmation candle. Place buy at the end of the second candle. at the very top. Only problem is the previous downtrend isn't strong enough.
It will test the first resistance and go down or test the second resistance and then go down. There is a strong downtrend.
It's going to test the level of -0.27
Can't make a decision yet. We have to wait for the price to see where it breaks.
You don't want to take position right now. We have two choices it will break the Support and change the trend from Bullish to Bearish. Or it will go up and break the Resistance and hit the target. But the uptrend is clearly losing strenght.
Fibo technical analisis to predict what will happen with the prize. It's not 100% certain.