EOS (EOSUSD)

[TFMG]

$EOS SELL THE NEWS EVENT PLAYED OUT PERFECTLY.

In our last post we raised concerns about the amount of FOMO that was in EOS and a sell the news event would be a major risk, how true. Eos had a 30% decline in 5 days as panic selling and resistance zones toppled, triggering stop losses, since that downfall EOS has started to steady but will have a hard time crossing back above $6.88 level, which has flipped into very strong resistance. It is the turn and ETH and BCH to lead the way now, so don't expect any major recovery until volume has a notable rise.