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Eos (EOS) - October 7

BITFINEX:EOSUSD   EOS / Dollar
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It remains to be seen if it can rise above the critical point of 2.6883.

If it goes down, you need to make sure you get support at M-Signal (about 2.61 point).

I think it's important to get support at the 2.6883 point in order to maintain expectations for the upside.

If you fall from the uptrend line (1), I think you need to trade to preserve profit and loss.

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(1W chart)
To look forward to further gains, it needs to rise above 2.8024 points to gain support.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)

Comments

Splendid analysis, thank you for sharing! Keep this up!
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great chart!
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