We haven't looked at EOS publicly in a long while...
This is the same BTC, ETH, DOT, SOL, you name it, chart.
All the major cryptocurrency projects have this same chart vs USD/USDT.
First, a low around mid-May (12-May in this case as with other altcoins).
This initial low has the highest bear volume and is followed by a lower low mid-June (18-June on this one).
The lower low has less volume signaling that the bottom is in.
Some of the other pairs went on to produce a lower low 13-July but this is not the case for EOSUSDT, signaling strength.
So after 18-June EOSUSDT starts to grow and now it trades above EMA50 telling us that the bulls are in control.
Yesterday we had a red candle but prices still remain above EMA50 and EMA10; Just consolidation...
Consolidating while bullish means higher prices next.
We are active on this one with 8X.
We buy and we hold, we have a plan and let it roll...
Sit back, relax and let the market produce the results.
Namaste.