TradingView
Cryptorphic
Jan 12, 2020 10:37 AM

#EOS/USD Very Bullish 6 month Resistance Broken.!! Long

EOS / DollarBitfinex

Description

I am really very happy with all your responses guys. Thank you so much for your support.
For the very first idea that i posted I got 840 views :) That's massive. I couldn't be more happy. Just posted 16 ideas and getting over 5k views!! That's massive, keep supporting and motivating me.
I'll keep posting my research and my own trades for FREE..

Let's come back to this chart.
EOS/USD Chart seems very bullish at the moment.
The Orange Line shows the Long term resistance which has been broken in this daily chart. Which is a very bullish sign.
EOS is also trading above the 50D MA which is agin another bullish signal.
The thin Red dotted lines are the Resistances which can be taken as the potential Targets for the upcoming rallies.
I believe we're good to gp now. All we need is a healthy retracement.

The price seems to be moving in an upward channel making Higher Highs.

If this idea gets invalidated in any case I'll let you know.

Keep supporting and following me.


#Peace

Comment

Breakout was quick.

Comment

Didn't got the chance to enter. Honestly. Although Targets have been achieved.
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