EOS likely formed a double Top, Target 118000 - 119000 Satoshi

in #crypto • 6 years ago (edited)

Looks like, EOS/BTC pair has a double top, if price break below 123493 Satoshi, we can see drop to 118000 - 11900 Satoshi Level

MCAD is already going down, so the chances are high but Satochastic RSI is coming to oversold range, still there are some room to go down.

If you are looking for shorting, you can short it after it broke to 123493 (Remember, after it broke this resistance, it will touch again and then it will go down to the same height of the of the double top)

** Note, its not a trading advice but my perspective of this chart and Technical analysis**

#cryptocurrency #bitcoin #blockchain #eos
6 years ago in #crypto by
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