EOS / TetherUS
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Make out or Break out for EOS after retest

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It goes without saying that rarely altcoins have true independence due to the strong correlation with the King of all Kings (Bitcoin), but once in a blue moon a coin tends to take on a trajectory of its own.

After breaking a major tops trendline EOS is currently sitting at the retest on that very same trendline. If the retest holds we should see a comfortable climb above $3.40 and towards $4 by November. What happens after will largely depend on the overall altcoins market, but EOS could lift off towards the 0.5 Fib level at $8 next March, if fundamentals are strong.
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Technical IndicatorsTrend Analysis

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