Long

Is EOS dead?

290
Bitcoin weekly candle close is approaching to set a local higher high, pulling Alts up along the way.

But what's up with EOS?
1) EOS still didn't break the 0.236 FIB R from May 19th dip!!!
2) the 4H RSI chart is showing hope, but still no breakout on the 1D RSI.
3) the Ichimoku cloud and signal are confirmed on the 4H chart but far from it on the 1D chart.

So what is in the cards for EOS?
1) A break from the 0.236 is a must for a start that will coincide with the Ichimoku, hopefully.
2) either EOS will be a very late boomer, or it'll start pumping massively outperforming the market at a certain stage as it did occasionally in the first half of 2021... yet, none was sustainable. It acted more like a PnD coin than having a clear TA path to make sense of.

EOS is another Alt that I am betting hard on... Fundamentally it is a very solid Alt, yet to be judged this cycle.

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