Hi guys,
My previous bullish analysis on EOS has been a great success and the price had reached well over my targeted price range.
I believe we are currently in a bearish triangle above. If we break above it then we will see the price range up to $13 range but if we break down then we will go to our next support which is around $9.50. If this support holds then it will go up to $13 and then to ATH. It's also important to analyze the EOS/BTC chart which shows EOS gaining a lot of traction against BTC.
I don't recommend shorting in a bull market but watch out before you go long at these levels. I expect a retrace. Daily and 4hr RSI is still in overbought category. Trade with caution, this is not financial advice.
My previous bullish analysis on EOS has been a great success and the price had reached well over my targeted price range.
I believe we are currently in a bearish triangle above. If we break above it then we will see the price range up to $13 range but if we break down then we will go to our next support which is around $9.50. If this support holds then it will go up to $13 and then to ATH. It's also important to analyze the EOS/BTC chart which shows EOS gaining a lot of traction against BTC.
I don't recommend shorting in a bull market but watch out before you go long at these levels. I expect a retrace. Daily and 4hr RSI is still in overbought category. Trade with caution, this is not financial advice.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.