In this bull run market, we need to zoom out and look at the bigger picture, we will ignore any short term fluctuation.
On higher timeframe, like 3D Log chart above, we see clearly that EOS is doing corrective 4rd wave folow a huge move last week after breaking up the Long time downtrend line, then touch the resistance at 0.00023. This wave 4 looks almost complete as it had retest the broken trendline and bounce off nicely.
I am seeing the 5th wave coming in next days. It will push the price to 0.0003 level, a next major resistance zone.
This is not an investmennt advice though. Good luck.
On higher timeframe, like 3D Log chart above, we see clearly that EOS is doing corrective 4rd wave folow a huge move last week after breaking up the Long time downtrend line, then touch the resistance at 0.00023. This wave 4 looks almost complete as it had retest the broken trendline and bounce off nicely.
I am seeing the 5th wave coming in next days. It will push the price to 0.0003 level, a next major resistance zone.
This is not an investmennt advice though. Good luck.