oldmanjudd

EOS Recession for the rest of May

Short
BITFINEX:EOSBTC   EOS / Bitcoin
Based on current BTC trends rising and falling at the start of each month my feeling is EOS will follow this trend. If you look a the trend from the previous month, while BTC was climbing in April, EOS followed suit. If the BTC trend continues and we hit bottom levels early next month then EOS should possible follow suit in a similar model as the arrows show.

My personal recommendation would be to hold of any trades until early June and see if the market starts to rise. If so buy up as a new ATH could be possible.
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