EOS/USD Analysis - Go Long ?
EOS/USD EMA's Forming Bullish cross ?
We reached Resistance at 2.77.
after need to go above 2.94 but is a weak resistance
3.15 is the Main Resistance to reach for Bullish Trend
IF we arrive at this point Target 3.5-3.6 - Next Big resistance 3.76
Weak support at 2.55
Main Support 2.4 after weak support at 2.2 and if it broke we iwll surely see Bottom
I see the Bottom at 1.6
IMO
A good entry will be around 2.55-2.66 i think it'll retrace soon we can see an inverted H&S forming (volume not really showing this but can still be an Inverted) H&S
But if finally I dont see H&S will form and IF BTC continue bullish maybe enter at 2.75
Target 1 2.90-95
Target 2 3.15
Target 3 3.5-3.6 (3.76 maybe (if fomo maybe more))
Not Trading Advice, Just little analysis of the trend
IF You trade dont forget Stop/Loss or trailing Stop
We reached Resistance at 2.77.
after need to go above 2.94 but is a weak resistance
3.15 is the Main Resistance to reach for Bullish Trend
IF we arrive at this point Target 3.5-3.6 - Next Big resistance 3.76
Weak support at 2.55
Main Support 2.4 after weak support at 2.2 and if it broke we iwll surely see Bottom
I see the Bottom at 1.6
IMO
A good entry will be around 2.55-2.66 i think it'll retrace soon we can see an inverted H&S forming (volume not really showing this but can still be an Inverted) H&S
But if finally I dont see H&S will form and IF BTC continue bullish maybe enter at 2.75
Target 1 2.90-95
Target 2 3.15
Target 3 3.5-3.6 (3.76 maybe (if fomo maybe more))
Not Trading Advice, Just little analysis of the trend
IF You trade dont forget Stop/Loss or trailing Stop
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