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.
Hi all!!
Good day! Hope you are all exited with the current market movement. Now it's time for a break to watch the downfall for a period of around 45-60 days. FOMO crowd is here. It can push price even higher. This is the best time to take profits.
In this post, I would like talk about EOS price action for the year 2019. It's a wonderful year for EOS with the...
Most probably EOS will touch the 200-day moving average resistance which is going to be a strong one. Further, it will go down to retest the 100- day moving average support before making a bull run breaking the 200-day resistance and above.
