AlanSantana

EOS vs TetherUS Also Bearish

Just like Bitcoin (BTCUSD), TRON (TRXUSDT), and Siacoin (SCUSDT), EOS (EOSUSD) has broken below support.

We have a bearish flag and prices starting to drop as soon as MA200 was hit.

  • We have a bearish cross of EMA10 and EMA50.
  • Also a bearish cross on the MACD.
  • Bear volume yesterday was higher than the average daily volume.
  • We have a strong bearish candle as well.

We are likely to get an inside bar today and an additional drop tomorrow.

This is not financial advice.

Namaste.

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