EOS has been stuck in a channel with no volume to break it. With bitcoin trending down, EOS will continue to fall drastically. Any channel break needs confirmation considering current market conditions
BTC dipped below the 55 EMA and is bouncing off a channel right now.
RSI is dipping towards oversold
Bulls need to maintain their support, a break below will attack weak support lines
Price should start to rise at least temporarily towards BB center lines.
Bitcoin is in the correction pattern with RSI leaning towards oversold. This healthy correction is needed before beginning another impulsive wave pattern up. Let's go bulls!
#Bitcoin
#EW
#Elliottwaves
#LetsGo
