EOS possible next move.
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.
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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