I don't know much about EOS. Looking at it, quite a curious one as it's ranged for quite a while (up to June 2019) when other alt scam coins were being slaughered in the so called "alt winter".
Price action shows a history of relatively short downtrends and uptrends.
Will be monitoring this closely.
+ Broke a crucial support level quite recently.
+ If it re-entered the range (indicated by a yellow box on the chart) it could stay there.
+ Otherwise, expect the bearish trend to continue until it hits one of the LOWER support levels.
Price action shows a history of relatively short downtrends and uptrends.
Will be monitoring this closely.
+ Broke a crucial support level quite recently.
+ If it re-entered the range (indicated by a yellow box on the chart) it could stay there.
+ Otherwise, expect the bearish trend to continue until it hits one of the LOWER support levels.
Commentaire:
I would be tempted to short the nearest resistance with a tight stop loss.