EOS Breaks August Downtrend (Can Grow 60%)
Updated
The downtrend that started for EOSUSDT with the last peak in August 2022 has been broken.
The last two sessions clearly depict a fight between bears and bulls won by the bulls.
EOSUSDT is trading just below EMA50 with a short-term bullish bias.
Additional growth can happen.
We can see a target mapped at 60%.
Easy target can be found at 30% above the current price.
This chart is similar to many other Altcoins, more evidence pointing to a new relief rally for the cryptocurrency market ahead.
Namaste.
The last two sessions clearly depict a fight between bears and bulls won by the bulls.
EOSUSDT is trading just below EMA50 with a short-term bullish bias.
Additional growth can happen.
We can see a target mapped at 60%.
Easy target can be found at 30% above the current price.
This chart is similar to many other Altcoins, more evidence pointing to a new relief rally for the cryptocurrency market ahead.
Namaste.
Note
LONG EOSUSDTLeverage: 8X
Buy-in: $0.9500 - $0.9950
Targets:
1) $1.111
2) $1.200
3) $1.300
4) $1.350
5) $1.465
6) $1.600
7) $1.880
Stop-loss: Close 4h below $0.9200
Liq. price: $0.8811
Potential profits: 719%
Capital allocation: 4%
Shared: 8-Dec-2022
Trade closed: target reached
Targets: 1) $1.111 |Hit 9-Dec. (+103%)
---
Closed. Wait for new entry.
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