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EOS is building a nice exponential descending trendline on the Hourly & 4H. I've personally set stop buy orders above 10.8 for a bull break - in that case the target is the 11.3-11.5 range, with at least 4% gains possibility. This is a good risk:reward, but of course it depends closely on BTC -don't play anything without looking on grandpa.
On the 4H we have broken both EMA 12 & 26 to the downside, and are right now trying to establish a higher low vs. 10.2. If the break that bearish, we have potential to at least the 9.5 range - be aware of that.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
EOS is building a nice exponential descending trendline on the Hourly & 4H. I've personally set stop buy orders above 10.8 for a bull break - in that case the target is the 11.3-11.5 range, with at least 4% gains possibility. This is a good risk:reward, but of course it depends closely on BTC -don't play anything without looking on grandpa.
On the 4H we have broken both EMA 12 & 26 to the downside, and are right now trying to establish a higher low vs. 10.2. If the break that bearish, we have potential to at least the 9.5 range - be aware of that.
If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.