Taidotrading

EOS / USDT about to enter it's expansion phase (weekly analysis)

Long
BINANCE:EOSUSDT   EOS / TetherUS
We are monitoring EOS / USDT on the weekly time frame since a long time now and it seems that the time of truth is coming ...

As we saw, many things are telling us about what's coming... and it will be explosive

- I believe that EOS is arriving at the end of a long accumulation phase, with a reversal pattern ( Inverted HS)
- A long accumulation phase means a long expansion phase
- Since 3 weeks, EOS has been ranging wildly in order to discouraged the last sellers on the market, now we can see on the VPA analysis that the sellers are slowly capitulating... And the equilibrium is shifting in advantage of the bulls.
- RSI is forming a W and entering the bullish zone.

I believe the breakout is close !

You can either enter now during the accumulation phase if it's long term position, or after the breakout if you do lev trade ...

This market benefits the most patient ones ... so no rush !

The content covered in this publication is NOT to be considered as investment advice.

Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.

Have a Good day and Safe trade

Butterfly .D
/Metamorphose your portfolio/




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.