Miracles happen. The EOS market is a clear example of it. How buyers were able to keep the critical mark of $2.7 will remain a mystery of 2020. However, the counterattack of buyers from 11 December - looks indecently weak.
During 13-15 December, buyers were fixed above the mark of $2.8, as you can see in the 4-hour timeframe, all the candles during this period have pins down, which clearly indicates the gaining buyers position.
Therefore, the continuation of price movements in the local growth channel is still the main scenario. The critical point for buyers is $3. It may be the final point of the price rollback from 11 December. _____________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!