With EOS nearing its All-time low, from my perspective it's good to buy long from its current price at the support while it is still accumulating/ranging/gathering liquidity. reason to buy long: -EOS have a lot of events incoming (check on their website, twitter, coinmarketcal) -Support of accumulation/parallel channel. -Nearing its All-time low. -Have a huge gap to the upside (acting as a magnet). -Long wicks in the lower part of the candle, meaning there is a high buying pressure at this point. -Low risk, high reward ratio. -BTC halving is nearing.
Still DYOR, and TYOR ^-^! just giving you a possible next scenario in my perspective. Happy trading everyone, hope you will have a profitable year.
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