EOS Technical Analysis: THE RANGE IS TIGHTENING

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·@workin2005·
0.000 HBD
EOS Technical Analysis: THE RANGE IS TIGHTENING
![Analysis_Logo Resize.png](https://cdn.steemitimages.com/DQmPGS4NFos8KZvW7KRjkYs21czufu92Vr9qooFwGNJm5vc/Analysis_Logo%20Resize.png)
### EOS broke down and out of a bearish rising wedge and seems to be looking for support. I’m watching the prior order block around the $5.26 support for a possible bounce/reversal. 
![Screen Shot 2018-11-03 at 6.37.11 PM.png](https://cdn.steemitimages.com/DQmdQJ46kY6SPSjMzUDsqPBWQ7zh5Az9J6N8P8Wc4sREWwR/Screen%20Shot%202018-11-03%20at%206.37.11%20PM.png)
### Zooming out on the daily chart, we can see EOS continues to trade within a tighter and tighter range. 
![Screen Shot 2018-11-03 at 6.37.49 PM.png](https://cdn.steemitimages.com/DQmd8TAudcTNdwuMoYpzmF5MSQQJvibkQCF9ZbG7rzprebh/Screen%20Shot%202018-11-03%20at%206.37.49%20PM.png)
### Price was rejected at the 21 day EMA on the daily, and just dropped below the 8 day EMA.
![Screen Shot 2018-11-03 at 6.38.41 PM.png](https://cdn.steemitimages.com/DQmf3J25BH6HpAKy8VckZ7z3mE2Xd7ycGsJcJW7YUpATswb/Screen%20Shot%202018-11-03%20at%206.38.41%20PM.png)
### In today’s video analysis I discuss, where price may go from here, how I’m trading EOS, market psychology and so much more. I hope you find it helpful. 
## Video Analysis:
https://youtu.be/xEjq4OAwLhY
#### *If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/@workin2005) or Steemit in order to watch.*

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*
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