EOS target $10, a triple price reaction is possible
What a headline, right? :)
I am sort of serious actually about EOS.
The price move since 2019 till now looks like a part of a correction (red ABC). This correction possibly wants to test the most untested region of > $9, with a psychological level of $10.
From a higher level, with green ABC, if the price reaches $10, then a further correction and a stop-hunt around $1.5 would be wonderful but it is long story.
For the mid run, possible in 2021, the price can reach $10.
For the short run, the price may accumulate around $2-3 range then uptrend to $5-6 level, which is a good test level in my opinion.
But, be aware of crypto market news, in particular of mid-to small size coin news.
I am sort of serious actually about EOS.
The price move since 2019 till now looks like a part of a correction (red ABC). This correction possibly wants to test the most untested region of > $9, with a psychological level of $10.
From a higher level, with green ABC, if the price reaches $10, then a further correction and a stop-hunt around $1.5 would be wonderful but it is long story.
For the mid run, possible in 2021, the price can reach $10.
For the short run, the price may accumulate around $2-3 range then uptrend to $5-6 level, which is a good test level in my opinion.
But, be aware of crypto market news, in particular of mid-to small size coin news.
Note
It is almost time for an uptrend correction.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.