EOS has been in a long consolidation phase in line with the whole market since May. Now prices have found support between 3.5$ and 4.5$ which is a long term key area.
Now we have a MACD in Weekly and Daily ready to turn bullish and also an MM100 forming a rounding support, typical of crypto consolidation before prices increase with more volatility.
In my opinion, anything between current price of 5$ and 3.5$ is a buy opportunity to target 2018 ATH which would give a 300% return.
1st target area will be around 7$ then 11.50$ and finally 20$. Of course there will be target above if market is going for a new ATH but for now we need to confirm the new impulse.
Very confident this scenario will happen, EOS didn't benefit much from this year bullish waves, we may see some rotation around the market.
Now we have a MACD in Weekly and Daily ready to turn bullish and also an MM100 forming a rounding support, typical of crypto consolidation before prices increase with more volatility.
In my opinion, anything between current price of 5$ and 3.5$ is a buy opportunity to target 2018 ATH which would give a 300% return.
1st target area will be around 7$ then 11.50$ and finally 20$. Of course there will be target above if market is going for a new ATH but for now we need to confirm the new impulse.
Very confident this scenario will happen, EOS didn't benefit much from this year bullish waves, we may see some rotation around the market.