![Screen Shot 2018-06-15 at 6.20.45 PM.png](https://cdn.steemitimages.com/DQmbr6sL1CCknNr63LcQhWD4G9CE1R6p5iKrebioH73BGUj/Screen%20Shot%202018-06-15%20at%206.20.45%20PM.png)
### Yesterday I warned EOS was ready to make a larger move. In my video analysis, I warned of a bull trap. I stated price may break up to the descending resistance line, only to quickly reverse course and drop. That’s exactly what happened. Price actually dropped even further than I expected, reaching as low as $7.42 before the bulls were are to catch it. Fortunately, the bulls had enough strength to push price back above the 0.618 fib level. 
![Screen Shot 2018-07-30 at 6.26.18 PM.png](https://cdn.steemitimages.com/DQmUDaW3pLZmftzTVZAXWquHJf7VgpfhTpbaVECLiYe8yZE/Screen%20Shot%202018-07-30%20at%206.26.18%20PM.png)
### The 2 main resistance points we need to break above in the short term are...the yellow descending resistance line on the 4 hour chart above, and the yellow descending resistance line on the 4 hour RSI below. 
![Screen Shot 2018-07-30 at 6.30.50 PM.png](https://cdn.steemitimages.com/DQmeQwpV9KEN3ouCgjbFxsGcZ9ZtYzvfa8LXnijnjco6Edb/Screen%20Shot%202018-07-30%20at%206.30.50%20PM.png)
### In todays video analysis I discuss where I think price might head next, traps to be aware of and MUCH more. If you’re not watching my videos, you’re only getting a small part of the story. 
### *If you’re viewing this on a site other than Steemit, and you don’t see the below video, navigate to Steemit in order to watch.*
## Video Analysis:
https://youtu.be/FUcDGbMSrJM
**BIAS:**
**Short Term: Neutral**
**Longterm: Bullish**

**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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