If we consider 2 variants on EOS, in my opinion in both of them we should still go down.
If this is a reversal, we need to provide a level of 7-7.2. And with a small or average volume of the test, we can talk about a reversal (after consolidation). Especially in the price zone 8-8.4 we met the serious resistance of sellers.
If we plan to go to $ 5.5-6, sellers need to build forces to break through the Zone 7-7.2 - what is happening now.
I'm in the shorts of another coin, but I wait for $ 5.5-6 for a good long
If this is a reversal, we need to provide a level of 7-7.2. And with a small or average volume of the test, we can talk about a reversal (after consolidation). Especially in the price zone 8-8.4 we met the serious resistance of sellers.
If we plan to go to $ 5.5-6, sellers need to build forces to break through the Zone 7-7.2 - what is happening now.
I'm in the shorts of another coin, but I wait for $ 5.5-6 for a good long
Note
practically reached the first goal. To continue the movement down should be adjusted no higher than 7.7-7.8.
Note
sellers who are interested in us have kept the zone. now it is possible and to the desired tirget
Note
After breaking the price zone of sellers, after which I predicted the continuation of the fall, buyers slightly increased the likelihood of EOS growth. However, the triangle formed on the down trend it has a slightly higher probability of going out.
In addition, it is necessary for EOS Growth , to pass the price zone 8.35-8.65, after which to keep this zone from the sellers.
Note
We continue movement in a triangle. We are testing a zone that was not kept by sellers yesterday.
Note
redefined the triangle. for the moment we did not beat him. I am waiting for closure 12 hours
Note
Note
simple flat. if you are bored you can catch a price of 8.2 in shorts. Goal 7.35. normal stop is above 8.49. T .. Stop big relative to profits. Therefore, it is better to wait
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
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.