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EOSUSD Key break-out point

EOS (BITFINEX:EOSUSD)  
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BITFINEX:EOSUSD   EOS
Harmonic Patterns Wave Analysis Trend Analysis EOS EOSUSD cryptosignals signals trading cryptotrading Cryptocurrency
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harmonicpatterns waveanalysis trendanalysis eos eosusd cryptosignals signals trading cryptotrading cryptocurrency
The pattern is a Channel Down on 1W with the exception of a break-out (fundamental noise) during April - June. The key break-out point is the 4.5000 - 5.0000 Resistance zone. The price action below this level is bearish towards 2.2000, while above its bullish towards 8.0000.
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