EOS Technical Analysis 14 July 2018 - Price Broke the Uptrend Line

in #eos7 years ago

#EOSUSD

eosusd 14 07.PNG

EOS broke the uptrend line and went under $7. Furthermore, the setup of the moving averages is turning bearish.
I think that EOS is going towards $4 once again and it is a cryptocurrency that we should not buy at the moment.

eosusd oscillators 14 07.PNG

Indicators seem to have a slight preference for short positions too.

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EOS has been overvalued for months now. What goes up must come back down eventually. Time for EOS to come back down.

Always appreciate your opinion.

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