Hey all you crypto traders,
I hope everyone is doing well in the markets. Just thought I'd share my take on what's happening.
By now I'm sure most of you have noticed that the markets are rising again and that it is very likely that we have found the bottom. My take, especially on EOS to USD is that price action has reached an overhead resistance around $3.85 - $4.00.
Should we manage to break through this resistance, we could see the price rally over the next few months to the upper end of the channel around $19.00 before encountering some more resistance.
This is my take on crypto markets over the medium term (+- 6 months) and can by no means be taken as financial advice. Do your own research and analysis before risking your money.
Good luck :)
I hope everyone is doing well in the markets. Just thought I'd share my take on what's happening.
By now I'm sure most of you have noticed that the markets are rising again and that it is very likely that we have found the bottom. My take, especially on EOS to USD is that price action has reached an overhead resistance around $3.85 - $4.00.
Should we manage to break through this resistance, we could see the price rally over the next few months to the upper end of the channel around $19.00 before encountering some more resistance.
This is my take on crypto markets over the medium term (+- 6 months) and can by no means be taken as financial advice. Do your own research and analysis before risking your money.
Good luck :)