EOS breaking up from downtrend
Updated
The downtrend line starting from April '18 has just been penetrated, after having surpassed EMA 50 which has proven itself a strong resistance over and over again. Volume is good, Bitcoin is also aiming higher. Mid term target is at $3.80, where previous support and EMA 200 wlll probably meet.
It seems like a fairly easy trade. If Bitcoin changes his mind and turns down again, then all of this is most likely not going to happen.
Cheers!
It seems like a fairly easy trade. If Bitcoin changes his mind and turns down again, then all of this is most likely not going to happen.
Cheers!
Note
Trade is active and the wind is blowing strong in our sails!
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