Base on Daily ECO's Price Chart on May 17, 2018. We easy see that:
- EOS / BTC was downward correction from the day April 29, 2018 after reaching the price peak is 0.00244 Bitcoin.
- On May 16, 2018 The price of EOS went down at 0.00145 Bitcoin equivalent Fibonacci 50% after recovering and close candlestick at 0.00151 Bitcoin generate a Doji Candlestick.
- If the close price of EOS is higher than 0.0016 Bitcoin, Most likely the price of EOS will recover at this price range to conquer the price range of 0.0039.
I think EOS is formeding the Reversal Candlestick Pattern "Morning Star" and i agree that we should buy EOS now.