EOS Token (EOSBTC / EOSH19) Still Has Much Retrace To Do!

EOS (EOSBTC) went on a nice run getting ahead of all other major altcoins.

First we were looking at ETHUSD running ahead of Bitcoin, then it was Litecoin, and, finally EOSBTC was the one to take the lead... But after a wave up comes a retrace.

I am sharing this trade idea to let you know that EOSH19 still has much retrace to do.

I added some arrows on the chart to illustrade this. These arrows are meant only to illustrate direction and not time frames.

So I expect EOSBTC to retrace further, bounce, then go lower before finally resuming its uptrend. These conditions can change of course if the market conditions changes.

What's your take on EOSH19? Want to short it with me? Hit like to show your support.

Namaste.