EOS/ETH is approaching a price level for the first time in over two years. The yellow shaded area in march/april 2018 represents the imbalance of supply and demand because demand exceeded supply in a big way - price rose from 0.008 all the way to the high of 0.034. The chart tells me there are more buy orders than sell orders at that price level.
My low-risk trade is to buy EOS/ETH at demand around 0.009 and a stop loss just below 0.008.
My low-risk trade is to buy EOS/ETH at demand around 0.009 and a stop loss just below 0.008.