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EOS/USD Price Analysis NOVEMBER 24, 2018 |

EOS/USD Price Analysis

EOS/USD Price Analysis

Price movements are tight and previous EOS/USD trade plans are valid. For all we can draw from the charts, EOS/USD is bearish, down 25 percent in the last week and trading within a bear breakout pattern.

Since our shorts are live and stops at Nov 20 highs $4 are safe, both set of traders—risk on and aggressive can begin unpacking EOS on every pull back in lower time frames with targets at $1.5 in line with our previous suggestions.

However, bounce back that will see our stops at $4 cleared would probably ignite a comeback driving prices back to $5 and later $7 as per the Fibonacci Retracement rules.


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