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$EOSUSD - Correction may go deeper, $5 downside

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TopMarketGainers Member Level  Saturday, 05/18/19 11:54:53 PM
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$EOSUSD - Correction may go deeper, $5 downside target, BULLISH

BITFINEX:EOSUSD could very well correct a little deeper towards the $5 area, currently the .236 fib is support but any move in BTC could lead to a drop to the .382 fib level. We will add to our position on any deeper pullback as we have a $9 target in place. Volume is quite poor at the moment but upon the RSI hitting tren line support that should initiate a buy signal and volume rise.



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