In trading there is a saying, " The second test is the dangerous test!" The second test is the retest of a buy spot, and that is where EOS is at right now. The first test of a high probability buy spot is the free trade. In other words, after verifying an initial bounce off a high probability buy spot it is the safest time to make a profitable trade as long as you can get out before the price comes plummeting back down again if it is a retest. Thus the reason for the 2nd test being so dangerous because it will set the precedent if it bounces, after a second bounce the support becomes even more substantial. This is where EOS is now, it must make the bounce of the 2nd test!

More Technical Analysis for EOS, the chart above shows the MACD is oversold and RSI just about there meaning wait a few more days!

Maybe part of the reason EOS has run out of STEEM for the time being is because Zcash (ZEC) just took the spotlight after Gemini announced it is going to list it for trading next week! ZEC is moving right now so I did just buy a little bit an am also riding the Zcash pump up until some time next week, just before the excitement starts to wayne and ZEC starts to dump again, that is when the new money will flow back into EOS!

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