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nagihatoum
Oct 6, 2020 4:37 PM

EOS pumps 20% in a hour Long

EOS / DollarBitfinex

Description

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

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