EOS may dip further- Currently with negative ROI of 16.94%

EOS may dip further- Currently with negative ROI of 16.94%

The price has shown no improvement in past weeks.
Trading volume amounts to 142.18 million with an increase by 57.63%.
The market cap drops by 4% equating to $916.95 million. 
The market for EOS seems to go cold and unresponsive. The whole crypto space is currently facing the liquidation crunch and moving towards a selling spree as their confidence is lowering with every passing day. No amends are made to prevent this from happening. With all this going on in parallel, EOS is thinking of surviving only on its salient features, which may need more to alter this massive hit. 
The char-t-ale

Source: Tradingview
The price is forming a bear pennant and aiming to fall to the level of $0.775. It moves far from the 10-EMA, and after falling further, it may retrace after more than usual time. The volume seems to descend and witness more sales. It creates newer levels of support and resistance.

Source: Tradingview
The CMF indicator goes about the 0-level, neutral, neither up nor down. It may

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