Hey guys,
EOS, similar to grandpa Bitcoin, is now building a logarithmic equilibrium pattern on the 4H, that we will break rather sooner than later. Resistance break to the upside is 10.54, for the conservative trader at least 10.74. To the downside the break would be 10.1, conservative traders wait at least until the break of the $10 psychological area.
=> Don't worry, there is still much gains even if you wait little bit longer: to the upside at least 5% until the 11.3 area, to the downside at least 6% until 9.5.
If you want to play this: closely watch BTC for its break, because EOS is going nowhere without grandpa. Of course you have to have set your stop buys/stop sells already beforehand: once the break occurs, it goes pretty fast, no time for manuel trading. No matter what you do, you have to set your stop loss for the case of a fake-out of EOS/grandpa Bitcoin.
If you find my analysis helpful, please like & subscribe, and watch my video analyses, I will be doing those daily from now on! ;) I wish you the best of luck in your trading.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
EOS, similar to grandpa Bitcoin, is now building a logarithmic equilibrium pattern on the 4H, that we will break rather sooner than later. Resistance break to the upside is 10.54, for the conservative trader at least 10.74. To the downside the break would be 10.1, conservative traders wait at least until the break of the $10 psychological area.
=> Don't worry, there is still much gains even if you wait little bit longer: to the upside at least 5% until the 11.3 area, to the downside at least 6% until 9.5.
If you want to play this: closely watch BTC for its break, because EOS is going nowhere without grandpa. Of course you have to have set your stop buys/stop sells already beforehand: once the break occurs, it goes pretty fast, no time for manuel trading. No matter what you do, you have to set your stop loss for the case of a fake-out of EOS/grandpa Bitcoin.
If you find my analysis helpful, please like & subscribe, and watch my video analyses, I will be doing those daily from now on! ;) I wish you the best of luck in your trading.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.