EOS Breaks August Downtrend (Can Grow 60%)

The downtrend that started for EOSUSDT with the last peak in August 2022 has been broken.

The last two sessions clearly depict a fight between bears and bulls won by the bulls.

EOSUSDT is trading just below EMA50 with a short-term bullish bias.
Additional growth can happen.

We can see a target mapped at 60%.
Easy target can be found at 30% above the current price.

This chart is similar to many other Altcoins, more evidence pointing to a new relief rally for the cryptocurrency market ahead.

Namaste.

Comment:

LONG EOSUSDT

Leverage: 8X

Buy-in: $0.9500 - $0.9950

Targets:

1) $1.111
2) $1.200
3) $1.300
4) $1.350
5) $1.465
6) $1.600
7) $1.880

Stop-loss: Close 4h below $0.9200

Liq. price: $0.8811

Potential profits: 719%

Capital allocation: 4%

Shared: 8-Dec-2022

Trade closed: target reached:

Targets:

1) $1.111 |Hit 9-Dec. (+103%)

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Closed. Wait for new entry.