EOS got rejected yet again by the red resistance box which also lined up with the 314MA, which has proven in the past the act as resistance and support. We can see the 200MA and the 314MA coming together now and is underneath the 1000 sat area. If ETH can break this resistance we can definitely see a new long term uptrend starting here. We will once again consider laddering some longs around the 200MA.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.