EOSUSDT 4H Binance

At 4 hours timeframe, there is an upward Fibo channel with 28 degrees of inclination. Now the price is testing the lower boundary of the channel, if it can withstand and the channel does not break, the price will recover and continue the upward movement within the channel.

Comment:

The price broke the main trend support, the idea where the bulls are strong broke

Trade closed: stop reached