EOS/USDT Hold and Be patient

EOS has just stepped back on the support zone #1, and gained effective support at the newly formed upward trend line (white line).
Among the main cryptocurrencies, EOS has a small increase, and there is more room for compensation

Hot Event>>
10 August 2020
BSN is excited to announce the six public chains that will be integrated at the launch of the redesigned BSN International Portal.

Analysis>>
Weekly Level:
1-On the whole, interval 1 and interval 2 are very supportive, especially interval 2. Even the plunge in March did not effectively fall through this interval.
In interval 1, the price has broken through once and then stepped back again, which confirms the validity of this interval
2--The signal line supports the price and becomes stronger (trun green)
3--The price is seeking a breakthrough to the downtrend line 1. A triangular structure is formed here, and a breakthrough means that there is more room for release
4--MACD, DEA becomes stronger, DIF is seeking a breakthrough on the zero axis
5--TRCD, the double line is already above the zero axis, indicating that the short-term trend is relatively healthy
In summary, for EOS spot trading, just hold it patiently

Operation>>
buy at current prices;
if possible,buy low in interval 1 and interval 2;
hold patiently

Refere Points>>
TP1: 3.0
TP2: 3.5
TP3: 3.9

Comment:

Weekly buy tip!

Comment:

TP1: 3.0 done!

Comment:

Hold

Comment:

TP2: 3.5 done!

Comment:

DeFi is coming to EOS!

Comment:

Wait and check the trendline(dashed line) retest.

Comment:

In fact, all targets has been reached.
While the structure is well, we could plan a new trade now