After opening the short from the previous idea, I found that a strong support zone has formed at levels 4.45-4.55 and my assumption of further downward price movement was not confirmed. That's why I closed my position manually.
What we have now?
Today Bitcoin reached 50k and it means that uptrend continues. So, I expect, that EOS will show a new move. It's indicated by the exit from triangle (yellow line), and a trend change on the MACD (yellow circle).
MY IDEA:
1. Long from 4.54 (already opened).
2. First target - area of 6.0 USD.
Price movement below 4.35 will cancel this idea.
What we have now?
Today Bitcoin reached 50k and it means that uptrend continues. So, I expect, that EOS will show a new move. It's indicated by the exit from triangle (yellow line), and a trend change on the MACD (yellow circle).
MY IDEA:
1. Long from 4.54 (already opened).
2. First target - area of 6.0 USD.
Price movement below 4.35 will cancel this idea.