satoshimoto

EOS may see a correction soon

Short
satoshimoto Updated   
BITFINEX:EOSBTC   EOS / Bitcoin
1st support level did not hold and it bounced at MA 50 (2nd support level) as of now. However with the decreasing volume EOS is bound to see a correction and return to its 3rd support level.I would suggest you to take your profits and move on.

This is not trading advice and I am not responsible for any losses may occur from following this idea.DYOR.
Comment:
Do not fall for the bull trap.I do not think it will go up anytime soon.
Comment:
This played out as expected. Not surprised.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.