EOS | 22nd August | Steroid Support

EOS broke its year long downtrend line and faced strong resistance at $3.95 sending it back to the vital uptrend support line at $3.16 in the form of a falling wedge which has now broken.

For me this weekly candle close is make or break for EOS, in my opinion EOS - the ethereum killer will come out a winner as transaction costs increase on the Ethereum blockchain.

Entry - $3.2
Exit - $3.45, $3.63, $4.5
SL - $3.18