bottom of point 4 formed with bounce off the 34 ema, with previous swing high creating support for next push to above 6 bucks. can be a quick bounce or we can oscillate here for a day.
trade safe!
Good afternoon, colleagues! A very beautiful picture is drawn on the EOSUSDT chart with the probability of working out a double bottom. I think many see him! Chic profit!🤑
However, we must not forget the alternative scenario, as well as the possibility of Bitcoin going to 5500. In this case, EOSUSDT will show us the third bottom as a present.😉 Also a good...
Only time will tell. Though we seem to have stalled out perfectly on our .382 fib, so it could be a good idea to pick a few coins up if it appears to be holding or bouncing from the .382 in the next couple hours, else i could see us dropping to the next level down in our fib channel. And if all goes to shit, hopefully the prior resistance that has become support...
EOSUSDT price action: Bullish breakout of 200 Days SMA. Parabolic move, huge spike after crossover of 200 Days SMA line. Potential retest of SMA200 resistance line at 3.45$. Consolidation bellow resistance before next upward target: 4.23$ and 4.43$.
Volume: Volume increased, bullish spike.
Indicators: MACD bullish crossover above zero line, RSI above 75 points....
IHS on ltf, about to confirm. looking for a 10% move to upside. will monitor from there. Been long since the bottom now we here.
Everyone seems to have forgotten this is a bull market.
Research of the market situation on my telegram channel from 29 Jan 2020 was right. Good profit! Market situation looks bullish. The next supply zone also can be broken simply.
