DecentralizedTraders

EOS CRITICAL HOURS (EOSUSD)

BITFINEX:EOSUSD   EOS / Dollar
Hello guys!

How is trading going? Let´s have a look to EOS chart now!

Eos has been consolidating for more than 2 months now and it is getting ready to move, the question is where to?

Eos seems to be ending a triangle formation, We need to be very careful with this type of formations as they could break to either direction.

The 2 scenarios:

BREAKING TO THE UPSIDE:

We need to keep an eye on the $5.9 area and if broken......the targets would be: 1st: $7.5-$8 zone / 2nd: $8.3-$9

BREAKING TO THE DOWNSIDE:

We need to have special attention to the $5 area and if broken the target would be $4 zone.


Thanks for viewing!!!!

And remember! you pull the trigger! you are the responsoble one! this is not financial advice, these are just my views of the market moves and trading style!!


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