P_S_trade

Does EOS have a chance to grow?

From May 2018 EOS is in a declining trend. After a rapid growth for 40 days, a long fall began and lasts for 4 months. Sellers tested the price range of 4.6-5 $. The previous growth began precisely with this price zone. Buyers managed to break through the upper trend line of the blue channel. It is now testing this trend line.
The previous weekly candle closed with a hint of continuing growth.
Now it's important that the correction is good and the buyers kept the priceTo maintain growth, buyers need to keep $ 5.6.
If buyers reach the first goal of 8-8.4 $.
Of course, you need to wait for the end of the fall and then evaluate whether to buy.
But if buyers do not keep $ 6.6, he will return to the incoming channel to $ 5 -5.2 $.

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