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Tez8
May 5, 2021 4:17 PM

EOS Ultra Bullish for May : Target $10+ Long

EOS / United States DollarCoinbase

Description

SUMMARY : Ultra Bullish , will pass the $10 price point in May.

-- Technical --
Recovering bull trend after steep correction from BTC falling 20k in several days.

BTC.D (chart link below) continues to fall and fuel capital moving into the Altcoines.

Breakout from Ascending triangle - very bullish

Moving back to local ATH.

RSI 1D and 1W shows room to continue purchasing and not yet overbought on the 4H

MACD 4h indicates continue up trend momentum.

-- Fundamentals --

EOS has a low market cap and is one of the core Altcoins that is available on all the major exchanges. It will continue to pump with the rest of the Alt coin market.



$$$ Happy Bull Market Alts season is here $$$

Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----

*Not financial advice and is for educational purposes only. Always DYOR.

SO: What do you think, is there something missing? Let me know below.
Comments
ElinaJ
EOS today reached amazing $12.8 what should we expect for the pull back price?
Tez8
@ElinaJ, yes. It blew passed all resistance levels. The market is quite bullish but we will should see a pull back over the next couple of days.
ElinaJ
@Tez8 would you expect it to go as low as $8.5?
Tez8
@ElinaJ, No, it looks like the new resistance line is at $11.

We have consolidation between $11-14 range.
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