Sucker punch for the bearsBears have really been trying to blow out this bullish channel but the support trend seems to be nice place for bear traps.
ADL is indicating that the bears are losing strength along with MACD forming nicely alongside CRSI being oversold ,which means EOS as a whole may be coming to the end of its overall decline.
rally volume and momentum is still very strong with large accumulation phases increasing the potential of upcoming volatility for the bull.
Price prediciton 3.0 by October 22nd
Eosbtcbuy
EOSBTC LongHi guys its Brian here. EOS is currently at a major support level where price has bounced off it and went on to make a strong upward trend.
Very good risk to reward ratio if putting stop loss just slightly below the support in case it doesn't hold and price breaks below it.
Conservative target has been placed at the next short term resistance but you can aim for much higher depending on your holding period and time frame.
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