Hello all,
Here is the chart of Today: EOS / Dollar (BITFINEX:EOSUSD)
As per 33 min chart, the latest upswing began at around $5.95 and is currently at $6.62 (approximately 11%).
As per 8H, there is a strong resistance level showing at $6.84 which explains the current slow down and price is already at the top side of the linear channel.
Light support shows at $6.34 and sentiment support shows at $5.65.
Midterm: A break over $6.82 will push us towards the $8.70 to $8.90, AS LONG AS BTC 0.57% REMAINS MOVING UPWARD.
Short Term: On 33m, of support at $6.55 fails other intermediate supports using current data sits at $6.48, $6.37 and $6.21 and $5.98.
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I wish you massive profits :)
