EOS may go banana

Eos is located in a bearish weekly OB and nearing a weekly resistance.
IF the breaker holds today and we manage to close above the weekly breaker tomorrow/today, its very likely we move higher.
For now, I wont recommend to open a long here. Either open long at retrace or at retest after gaining the weekly level and weekly bearish OB.

My analysis in my channel:

EOS

EOSBTC:


Buy at retest for low risk high reward setup ( 8570-8600)

Stoploss weekly close below 8570



Buy at green zone 1 (7629- 7755) for an early entry

Buy more at 2 daily OB's (green zone 2) ( 7033 -7156 and 6854 - 6921)

Stoploss daily close below 6840





EOSUSD


Trade 1
Buy between 5.8-6.05 and/or 5.45-5.55

Trade 2
Buy after we close daily above 6.63 AT RETEST probably 6.54-6.63 area)

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Trade eosusd active since trade 1
Trade eosbtc active since 7629-7755

Comment:

EOSUSD
Re-entry active

EOSBTC
Re-entry also active

CryptiasCharts

Comment:

EOSUSD Re-entry closed early yesterday.

- First entry at 5.8-6.05 remain with stoploss at entry.
- Weekly support of 6.719 reached. Due the uncertain movement of BTC, I am on the sidelines watching EOSUSD until I see a good value for re-entry/adding to position.
- High chance of reaching weekly OB ( green box )


EOSBTC

Position still open

Comment:

EOSUSD still on track. Waiting for the green buy zone ( weekly bullish OB )

Nothing changed so far.

Comment: