Long

EOS/BTC likely to test the dynamic support

140
EOS/BTC decreased in the morning and has erased some of the yesterday's gains. The crypto pair maintains a bullish perspective on the short term as it is still located above very important support levels. It is still somehow expected to increase as long as it is trading above the uptrend line and above the median line (ml) of the ascending pitchfork. The current retreat could be only temporary if the other major cryptocurrencies will increase again. The major upside target remains at the 0.0024400 swing high

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.