EOS - WHAT'S GOING ON? GET THE COMPLETE INSIGHT!

EOS has been in a downtrend since long and the value has depreciated a lot in the past few months.
People have a love-hate relationship with EOS and it's justifiable too! xD
Let's check come important points here!

HIGHLIGHTS:

1> Broke out of the falling wedge on 16 July.
2> Approaching the end of the symmetrical triangle.(Which can break in any direction)
3> Getting resistance from the downtrend line established
in the begninning of May.
4> Getting support from the long term uptrend line established
in the end of March.
5> Critical support level lies in the 5.5-6 region. Below that it's gonna fall back to 4-region.

Alternatively, the upside potential is huge.!
Please take care to use indicators such as RSI , MACD , EMA etc. while trading.

P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.

Keep an eye out. Trade safely. Always remember, money not lost is also a profit.

Good luck trading.!
Peace.

評論:

TIME FOR FREE FALL!