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Longing EOS after false Breakdown
EOS has been trading weakly bearishly but with volatility dying.
This could mean a coming reversal change with a volatile quickly picking up to the upside.
EOS is one of the more "established" coins out there and hasn't really pumped in this alt season so far, so I'm counting on a PUMP after a false breakdown to pick up some profits.
MACD is flat-lining which usually means a coming volatility spike as volatility moves in cycles
From Low to High.
I'm counting on 2.9 to 3.1 to act as a support area, from which we can PUMP
My STOP LOSS is just below 2.8 (one ATR away)
Let's hope EOS catches up with the rest and finally gets a well deserved PUMP
This could mean a coming reversal change with a volatile quickly picking up to the upside.
EOS is one of the more "established" coins out there and hasn't really pumped in this alt season so far, so I'm counting on a PUMP after a false breakdown to pick up some profits.
MACD is flat-lining which usually means a coming volatility spike as volatility moves in cycles
From Low to High.
I'm counting on 2.9 to 3.1 to act as a support area, from which we can PUMP
My STOP LOSS is just below 2.8 (one ATR away)
Let's hope EOS catches up with the rest and finally gets a well deserved PUMP
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