EOS ANALYSIS:
EOS is facing major resistance at the 200MA after being rejection on a breakout and laying just underneath. The volume is dragging behind in a major way and bulls dont seem to want any action at the current price. ATR is nearing lows, but RSI remains at neutral state. Very likely EOS moves to the downward side pushing to T1 at 3625 sats, followed by T2 at 3508 sats. For those who dont want to short, look to place long bids inside the temporary support under 3500 sats. Stagger bids down to the low hanging wicks of 3250 sats. Bounce should occur upon the triple bottom inside this range.
Possible Short Entries: 3725-3800 sats
EOS is facing major resistance at the 200MA after being rejection on a breakout and laying just underneath. The volume is dragging behind in a major way and bulls dont seem to want any action at the current price. ATR is nearing lows, but RSI remains at neutral state. Very likely EOS moves to the downward side pushing to T1 at 3625 sats, followed by T2 at 3508 sats. For those who dont want to short, look to place long bids inside the temporary support under 3500 sats. Stagger bids down to the low hanging wicks of 3250 sats. Bounce should occur upon the triple bottom inside this range.
Possible Short Entries: 3725-3800 sats
Trade closed: target reached:
WIN!
EOS/BTC SHORT Hit Target 1!
+2.29% Profit!
EOS/BTC SHORT Hit Target 1!
+2.29% Profit!
Trade closed: target reached:
WIN!
EOS/BTC SHORT Hit Target 2!
+6.55% Profit!
EOS/BTC SHORT Hit Target 2!
+6.55% Profit!