Unfortunately that's not exactly how charts workPutting...

Unfortunately that's not exactly how charts work
Putting lines up doesn't help an argument if there isn't information to support it

The first part of that downtrend up until 1 feb was the rerating (from Dec 21)
It dropped to 4.95

The market rallied for a few days & EOS rallied to almost $5.50 (bottom was identified)

Ever since, the market has sold down & is back at its lows
The last few days have been even worse so it's dropped a few more cents since (4.95, 4.90, 4.87)
If markets keep going backwards it'll lose a few more cents as shareholders panic sell
But to suggest it goes from 4.90 to 4.50 without reason apart from some lines on a chart is strange

Assuming that the chart is going to keep going down forever is baseless
We just need a market turnaround
Unfortunately haven't seen a decent rally since the start of feb
Almost 3 weeks of flat or red markets

If markets rally & EOS doesn't climb, the short sellers have done their job in suppressing the price & on the next market downturn prices will most likely fall
They profit from the fall in price
That's how the game works