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EOS Breaks Previous Swing High. Looking Bullish.
EOS has just busted out of it's long term downtrend.
Looking at it's BTC chart on Binance, we can see it formed a descending wedge into a demand zone, which has since broken with a strong Impulse move to the upside.
Market Structure has gone from Bearish to Bullish, and now is a perfect time to place entries in anticipation of picking the first Higher Low of the uptrend I predict will be formed.
Ideal Entries at the 4H demand zone around 3500, which coincides beautifully with the 61.8 Fib Line
Looking at it's BTC chart on Binance, we can see it formed a descending wedge into a demand zone, which has since broken with a strong Impulse move to the upside.
Market Structure has gone from Bearish to Bullish, and now is a perfect time to place entries in anticipation of picking the first Higher Low of the uptrend I predict will be formed.
Ideal Entries at the 4H demand zone around 3500, which coincides beautifully with the 61.8 Fib Line
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