EOS taking off to match semianual price level.

28 בנוב׳ 2017

EOS revisiting price back from July. MACD momentum is peeking, RSI strength is overbought. Price action have managed to break through the top of the trend and appears to be gaining momentum, first penning 38% Fib then making it to 50% fib trace of @ 2.97. Will it penetrate through the 50% or settle back down to upper trend channel? With irrational price action in the general market lately I believe this alt will pen the 50% fib and keep going. If on the other hand this token runs out of steam and find firm ground at around $3 then its up to the market on where it goes from there.