nagihatoum

EOS pumps 20% in a hour

Long
nagihatoum Updated   
On news of partnership with google cloud. It is encouraging that a legacy coin like EOS whose PA has been in an exponential decay since 3 years can lead the alts.

Technically price bottomed with a diamond reversal pattern, also present on many alt coin. I believe that this pump is sustainable and there is high probability of reaching 3.1.

3.8 is a high resistance zone, and I believe it will be tested.

A break above the exponential decay curve at 4.51 will send EOS to the moon.
Comment:
Did a full retrace and went back over key level again, But created a very big order block in the process. Must remain to be seen if price can further regain lost territories


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.