All in all, traders and investors are optimistic of a morale boosting recovery in altcoins price. Nonetheless, for that to happen then we must see strides as EOS, Litecoin and Tron buyers build up enough momentum for further higher highs past last week’s highs. IOTA and Stellar Lumens bulls might spear head this recovery on condition that today close as a bull as prices trade above 60 cents and that horizontal range along 22 cents.Let’s have a look at these charts:EOS Technical AnalysisEOS Daily Chart by Trading ViewTechnically, EOS prices are pretty stable and up one percent in the last day. As EOS swing, prices continue to oscillate within Aug 17 bearish engulfing pattern without confirming the three bar bull reversal pattern that many expected to drive prices towards our immediate resistance line at $7.Either way, our EOS trade plan is clear: Bears are in control and any retest of
Like this article? Take a second to support us on Patreon!