As you can see in the chart, EOS is in a precarious spot. Right above the all time low. On the brightside, it has come down in a ABC formation. The B wave retraced to the .786 fib level and wave C wicked down into the 1.414 fib which is also very common. The EOSUSD/BLX chart also shows bullish divergence on the weekly. Everything is dependent on not breaking the all time low, so let's see how this developes. Is there something bullish behind the scenes that we're not seeing?
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