EOS/BTC (Potential Trendline Break?)
EOS/BTC
-found new support at 50D MA with a strong daily candle
-currently, the price is trying to break the trendline resistance
-you can open a buy position if it can clear the resistance line
-or wait for a pullback retest and add more position size
-the upside target is up to 3366-3780 sat range
-bearish scenario, a break below 50ma will lead to downside action
-found new support at 50D MA with a strong daily candle
-currently, the price is trying to break the trendline resistance
-you can open a buy position if it can clear the resistance line
-or wait for a pullback retest and add more position size
-the upside target is up to 3366-3780 sat range
-bearish scenario, a break below 50ma will lead to downside action
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.