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SmartMaxi
Jul 17, 2020 12:29 PM

EOS in GREEN ( MACD DIVERGENCE ) Long

EOS / BitcoinBinance

Description

Confirmation 1: EOS Bullish Divergence on a weekly time frame. Coming weeks 30% bull run.
Confirmation 2: Tested the monthly level at 2479 which is strong support.
confirmation 3: Look at the Triangle Wedge, The upper line of the wedge has been tested and respected 5 times. The Red candle is testing the wedge by wicking at the edge of the wedge.
We may see a test at 3148. Exit the trade before 3148, because it is the monthly resistance which is going to be tested. We may see some retracement, if on the first touch the monthly level is broken EOS may test weekly level at 3552.
In Short, 20 to 25 % rise in coming weeks.
If 3148 is broken, then more 10 percent rise is expected.
Trade safe.
Good luck.
And Ignore my typing mistakes please.
Thanks.
God bless you all.
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