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EOS still likely in consolodation mode

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EOSBTC seems to be failing to hold the 78.6 FIB retracement level (77671 sats) from its most recently bull run. It has also fallen below the potential for a long term equilibrium pattern of 81648 sats. Given that we didn't bounce off the last retracement level and hasn't been able to hold a daily inside bar today, I think EOS is heading towards 62.5k sats level were it began this bull move. There is potential for a fake out if EOS can create a 4 hr IB or daily IB tomorrow and recover the 77.6k sats level but given the current bear volume on EOS and potential change in sentiment as crypto as a whole might be rejecting off the top of the weekly downtrend line, this is unlikely. EOS

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