Strong movement soon on EOS / USDT 240
Hey people EOS / USDT is in a stabilization phase with sales volume returns issued.
It checked the medium term downtrend line and then tried to test its uptrend line but it was a failure
The price action reacted on the 4.0000 level.
It's going to its uptrend line to test it again.
For the moment no buy signal as we can see on the SMA.
So the breakdown is possible to return to the high point at this stage, it is possible to start again on its last level of resistance to reach 4.8504.
The market can change at any time and go to its last support.
This is not investment advice but a usage recommendation.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment your points of view in the space dedicated in description.
Please like and follow, thank you.
It checked the medium term downtrend line and then tried to test its uptrend line but it was a failure
The price action reacted on the 4.0000 level.
It's going to its uptrend line to test it again.
For the moment no buy signal as we can see on the SMA.
So the breakdown is possible to return to the high point at this stage, it is possible to start again on its last level of resistance to reach 4.8504.
The market can change at any time and go to its last support.
This is not investment advice but a usage recommendation.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment your points of view in the space dedicated in description.
Please like and follow, thank you.
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.