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aboveandphom
Mar 22, 2019 6:46 AM

EOS Daily Dose 3/21/19 

EOS / DollarBitfinex

Description

I have been wrong about EOS. I believed there was going to be a bounce right off my yellow EMA line but there was a bounce right above the longer-term one. A bounce at my pink EMA line is actually more telling and it is very possible that we could see a bounce up to $4.00. For now, I will avoid trading EOS because I was wrong about the bounce and while there are some characteristics for a re-accumulation setup, it is not similar enough for me to be long (or even short) here. The safest best now is to re-long at $3.00.
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