EOS
Updated
The trend is pulled up strongly
I show all support lines
EOS very good coin and last two week strongly went up.
I began to argue. this is a few conclusions
1. Excess in one direction will lead to excess in the opposite direction. This effect is well demonstrated by the swing: the further you pull it, the stronger it will swing in the opposite direction.
2. Fast-growing or-falling markets go further than they seem, and they can not be corrected by a lateral trend. It means that the trend market in excess can reach a certain plateau, and you might think that this sideways trend is a new support line, below which the price will not go down.
3. Most purchases are made at a peak, and a minority - at the bottom. This means that if everyone is determined to buy, then, probably, the moment of reversal is approaching. And vice versa: if everyone is too pessimistic, then soon the price will start to grow.
I show all support lines
EOS very good coin and last two week strongly went up.
I began to argue. this is a few conclusions
1. Excess in one direction will lead to excess in the opposite direction. This effect is well demonstrated by the swing: the further you pull it, the stronger it will swing in the opposite direction.
2. Fast-growing or-falling markets go further than they seem, and they can not be corrected by a lateral trend. It means that the trend market in excess can reach a certain plateau, and you might think that this sideways trend is a new support line, below which the price will not go down.
3. Most purchases are made at a peak, and a minority - at the bottom. This means that if everyone is determined to buy, then, probably, the moment of reversal is approaching. And vice versa: if everyone is too pessimistic, then soon the price will start to grow.
Note
Touched next support lineNote
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