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Pay a little attention to this analysis and you will not regret about it!
This is the EOS/USD logarithmic 3-Days chart. As you can see, the price is in a large triangular formation.
Over the past three days, the EOS has broken its first two-month resistance with impulse movement, bouncing from the two-years support line. Also, the price ran into MA 20. According to the history of this coin, we can note that the buy and sell signals for EOS was very successful with it. So, September is likely to be a decisive month. Will this survive, time will show us!
Good buy range: $ 3,70 - 3,50.
Let's designate the goals according to this chart:
- $ 6 ( from now ~60% profit ).
- $ 8.80 ( ~ 135% profit).
- and to the previous peaks (more than 400% profit).
Share your thoughts, ideas about the market under the chart.
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This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.