Please support my work by clicking the LIKE button and following the Trading View profile.Thank you! Everything on the chart. We are moving in the upward channel. We observe lateral accumulation, If you are not in a position, you can make purchases, when price make breaking through one of the sides. I tend more to a long position. 2 targets zone above: 2.95-3$...
The EOS market is actually enough at a certain time gives a predictable result. And so, at the moment I see the possibility of long, so if now the price overcomes 200MA 1H, we can experience a fairly powerful steady impulse. This is an important resistance at the moment.
At 4 hours timeframe, there is an upward Fibo channel with 28 degrees of inclination. Now the price is testing the lower boundary of the channel, if it can withstand and the channel does not break, the price will recover and continue the upward movement within the channel.
This graph does not look bad considering the 25 degree bullish move, however, in order to accurately build the FIBO trend channel, at least one more pivot point is required at a minimum within the uptrend
At the moment, the asset accumulates position after good growth. And the benefit of such a scenario 50MA crosses 200MA and this is a GOLDEN CROSS that only confirms the bullish mood of the market.
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy EOSUSD from 3.58-3.36 Stop-loss 3.2 You will find more trading ideas in SAV Finance community.