Crypto has finally broke. Above some levels and you heard about it in the news again last week. Some coins were making rips off the lows and making runs at multi month highs. One of these is EOS. And it is one of my favorites. I had this horizontal line drawn days ago as possible resistance…and you can see we are pulling back from here.
I love these large down days like this. I can remember coming out of the last bear market you get these major down days that hold levels. This is what you want to see! We could go sideways from here and I will be happy. You just want to see these levels start to hold. Hopefully the technology continues to progress, and if that is true…these levels will fundamentally hold and 4.40 will be a gift.