The most anticipated blockchain in the crypto space to date, has just surprised us all with a 480% bull run over a 41 day period, impressive.
However the hugely overbought and bloody great big bearish divergence on the RSI which has been there for 11 days now and had to kick in. We all know your excited for EOS but you've been hitting it too hard lately and need some time to recover so we are fresh for the main event, The EOS Main Net Launch. Woo. So lets get some rest and see whats happening.
We all know this event is pure speculation at the moment and TA is well, not normal at the moment.
We also know this event has risks and the platform might get a random problem on launch day. Can you see the future?
What is apparent though is 11 days of bearish divergence. Is there some kinda TA or measurement you can do on the magnitute of bear div 0.82% to get target for dump?
EOS needs to recharge for the big day and if it can go as low as the 0.786 fib retracement then we could see some real rocket fuel 0.95% for launch.
EOS could also choose to bounce off any of the other fibs at any time.
EOS targets... well. ..
Let me know your thoughts on this EOS Main Net Launch.
Good luck!
