Taidotrading

EOS / USDT weekly analysis

Long
BINANCE:EOSUSDT   EOS / TetherUS
As we saw on our previous analysis,

i believe that EOS / USDT might be at the end of a long and strong reversal pattern on the weekly timeframe

The candle that closed the last week, told us a bit more about what's coming ...

We closed the week with a Hammer and a long volume candle.

The Volume and Price analysis tell us a story in this combination.

During the session, sellers pushed the price down but their efforts were counter by the strength of the buyers which allowed the market to recover. This anomaly on the price-volume combination shows us that little by little sellers are capitulating ...

This weekly closure is actually comforting us in a successful reversal pattern, that will drive us to a strong bull run !

The content covered in this publication is NOT to be considered as investment advice.

Thank you all,
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Have a Good day and Safe trade

Butterfly .D
/Metamorphose your portfolio/

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