EOS has been trading inside a well respected channel
and has respected the top bottom and the mid line very well.
I anticipate that we will be moving down into the zone marked on the
chart where I would expect support to hold .
30EMA and 50EMA sit inside the box along with the point of control at the bottom of the channel .
A great opportunity to Buy EOS if you haven t already targeting the 1-1 Extension and the 1.618 as
can be seen in the chart .
I have written the 30 and 50 EMA inside of the box just to keep it more tidy and just to illustrate
where they are in this moment .
I like to keep the chart as clean and clear as possible .
Like share Follow and comment if you have something to say or ask ..
Appreciated now lets make so money , remember to use a SL and know your invalidation
BTC can also invalidate ALT setups unexpectedly so be aware of how BTC is Trading
Please take a look at the analysis for the linked charts below also .