Depending on how bitcoin performs over the next couple of days, I expect EOS to follow for now. When BTC stabilizes EOS should be outperforming BTC based on EOS/BTC chart. Elongate has slightly damaged our upwards momentum but I feel we should be back on track within the coming weeks.
DYOR and pay close attention to BTC
- I expect EOS to hit $16 by next week if we have sufficient volume, this will be my first TP area
- If EOS goes above $16 then ATH is imminent
- If EOS bounces, current major support is the bottom of the channel around $10. Another major support is around $8.70-8.85 price range
DYOR and pay close attention to BTC
Comment:
Support at $8.70 has held. EOS expected to go back up from here