EOS - dip before bounce? Great buying opportunity

EOS has been showing bearish divergence and has broken down.

It is currently sitting on a key support level at 0.38 fib. If this level breaks down expect it to drop to the 0.618-0.65 fib level. This area is known as the golden pocket and coincides with an area that has high liquidity. Many people will have stop losses on their longs set in this area.

This area also lines up with the 200 EMA.

Set bids in this area and walk away.