EOS looking scary

Descending triangles nearly always break to the downside. RSI and Stochastic charts indicate further weakness to come. I'm sitting this one out.

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Break to the downside confirmed on the 1-day chart.

Comment:

confirmation on the 3-day chart, targets shown below:

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Hopefully you're not sweating bricks like Mike Novogratz is at the minute...

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progressing along the channel nicely

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Be careful not to mistake recent gains for new run. Resistance is unlikely to be broken on first attempt.

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Maybe...

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It's not over until it's over - seems like a classic bull trap

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Falling knife - watch out below.

Trade closed: stop reached:

Golden cross.. time go long against Bitcoin!

Trade closed: target reached:

The sell off is over. Time to rotate.