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Feb 18, 2023 3:34 AM

EOSUSD is having its bullish breakout Long

EOS / US DollarBinance

Description

EOSUSD may be late at the party but crossed today over the Cyclical Falling Resistance, entering into Bull Cycle territory.
The MA50 1D is supporting.
Currently testing Resistance (1) at 1.24000.

Trading Plan:
1. Buy if the price crosses above Resistance (1).
2. Buy if the price pulls back to the MA50 1D.

Targets:
In both cases 1.8800 (Resistance 2) and 2.8500 (Resistance 3) on the medium term.

Tips:
1. A Golden Cross 1D will solidify the bullish bias. Can be formed on the 1st week of March.

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