After a good few days of uptrend, now is time to get some bulls rekt.
This was what i posted last week:
https://steemit.com/beyondbitcoin/@luiggih/technical-analysis-eos-headed-to-13-usd
AND THIS IS WHAT HAS HAPPENED
We've fall very short off the target proposed which I consider is quite a succesfull forecast
On purple, you can see an ending diagonal triangle which usually leads to a correction consuming price and time.
This correction will determine if we're really on a major bull trend or if this spike up has just been a correction within a downtrend.
Trade safe.