If we consider 2 variants on EOS, in my opinion in both of them we should still go down.
If this is a reversal, we need to provide a level of 7-7.2. And with a small or average volume of the test, we can talk about a reversal (after consolidation). Especially in the price zone 8-8.4 we met the serious resistance of sellers.
If we plan to go to $ 5.5-6, sellers need to build forces to break through the Zone 7-7.2 - what is happening now.
I'm in the shorts of another coin, but I wait for $ 5.5-6 for a good long
If this is a reversal, we need to provide a level of 7-7.2. And with a small or average volume of the test, we can talk about a reversal (after consolidation). Especially in the price zone 8-8.4 we met the serious resistance of sellers.
If we plan to go to $ 5.5-6, sellers need to build forces to break through the Zone 7-7.2 - what is happening now.
I'm in the shorts of another coin, but I wait for $ 5.5-6 for a good long
Nota
After breaking the price zone of sellers, after which I predicted the continuation of the fall, buyers slightly increased the likelihood of EOS growth. However, the triangle formed on the down trend it has a slightly higher probability of going out.
In addition, it is necessary for EOS Growth , to pass the price zone 8.35-8.65, after which to keep this zone from the sellers.
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