EOS (EOS/BTC)

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Bull Support, Bears Ready to Pounce

The first EOS weekly chart shows EOSBTC sitting on the Lower BBand which is also previous support from the last rally.

The other 2 times price broke under the Middle BBand and touched the Lower BBand it went into a larger bear market. A selloff near the numbers of the last 2 would create a 3 drives pattern. Be vigilant.

The second chart better shows the previous support bulls need to defend. If support fails then bears will be looking to short fairly hard under support based on the other 2 corrections.

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