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steemfollower

EOS going through correction, time to watchout

Short
EOS (BITFINEX:EOSUSD)  
steemfollower  
BITFINEX:EOSUSD   EOS
Trend Analysis Technical Indicators Chart Patterns
2
0
trendanalysis indicator chartpattern
As you can see in the chart EOS has broken below the upward channel that it was following as well as the crucial support of EMA20.

Now EMA50 and 38.2% retrace looks easily in sight which can be the next support.

if it doesn't reverse from there 50% will be in play.
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