LightThroughput

EOS — Fibonacci Retracement Levels, Demand Zones, and VPOC

BINANCE:EOSETH   EOS / Ethereum
EOS has been in a downtrend from its all time high. It will reverse, but where? The 0.786 fibonacci retracement level is just above the VPOC, so if we get there, there is a great chance of reversal there. On April 11, volume nearly tripled driving price up over 40%.

Price entry point: 0.0150
* Strong demand zone; high volume
* Just above 0.786 Fibonacci retracement level
* VPOC

0.0180 is the 0.618 retracement level (current price). This is a good entry point, 0.0150 is a good second call to double that position.

Aside: I am being told that I need to use English to post in. I'll use whatever language I want to.
Feragatname

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