EOS is on the supporting trend-line. Waiting for more action
Combined on the sentiment and the price structure the following can be "speculated on"
- We have a launch of a mainnet.
- We have clear trend line
- The Elliott waves structure is almost finished on the wave up
It gives slight preference for the following scenario.
a) As long as the trend-line isn't broken, we are going up to 0.0021. Then retracement back to the trend-line and one more rise (probably above the 0.0025 - the old ATH). After that all further analyses depends greatly on the crowd sentiment. In the case of EOS - if we still still negativity from other participants/networks - EOS can grow further. If we see the major patter - excitement and "EOS is the winner against ETH/BTC" - decline.