Has been formed Double Top.
Forming Falling Wedge with strong support at 6,4XX KRW. 50MA is 9,436 KRW.
EOS KRW has been broken its long term uptrend(thin red line) and the uptrend has been turned into the resistance.
Its in the middle of the wedge pattern. If it couldn't break out its long term uptrend & resistance lind of the wedge, EOS could fallback to its Fib 0.113(app. 6,618 KRW).
At worst, if EOSKRW breakdown the wedge pattern, it could make a LL(app. 3,730 KRW). I guess.
I sold 90% of my EOS at around 10,000 KRW and I'm waiting for the best position to buy again.
Let's Keep watching.
Everything depends on the Mother of All Crypto, BTCUSD. haha
Good Luck.
Forming Falling Wedge with strong support at 6,4XX KRW. 50MA is 9,436 KRW.
EOS KRW has been broken its long term uptrend(thin red line) and the uptrend has been turned into the resistance.
Its in the middle of the wedge pattern. If it couldn't break out its long term uptrend & resistance lind of the wedge, EOS could fallback to its Fib 0.113(app. 6,618 KRW).
At worst, if EOSKRW breakdown the wedge pattern, it could make a LL(app. 3,730 KRW). I guess.
I sold 90% of my EOS at around 10,000 KRW and I'm waiting for the best position to buy again.
Let's Keep watching.
Everything depends on the Mother of All Crypto, BTCUSD. haha
Good Luck.