In this technical analysis, we delve into the EOS/USDT trading pair to identify potential opportunities for traders. 1. Correction/Resistance Area - 0.775 - 0.785: Currently, EOS/USDT is encountering a significant correction/resistance area between 0.775 and 0.785. This range has historically posed challenges for the pair, limiting further upward movement....
Buy at Live Price 1.223 Target 1.410 (15.0%) Stop Loss 1.160 (5.0%) Excellent Risk Reward Call Recommendation
Bullish structure broke down from price 2.70 which was a critical level. Reasons: 1. Rsi divergence 2. Price broke down and made lower high 3. Fib level confluence at 2.70 to 2.10
EOSUSDT Daily. 2.9390 is a strong resistance if that resistance 2.93 and 3.18 rejects price to up word then we will see another bottom at 1.63 till Jun 15/2020. Reasons: 1. Price following through a narrow parabolic channel. 2. Price is still making lower low on HTF. 3. Assuming Rsi will be at overbought condition when price reaches to resistance zone 2.93.