$EOS 2021-FEB-10

𝐄𝐎𝐒 𝐥𝐨𝐨𝐤𝐬 𝐬𝐭𝐫𝐨𝐧𝐠, 𝐛𝐮𝐭 𝐡𝐚𝐬 𝐨𝐧𝐞 𝐦𝐨𝐫𝐞 𝐡𝐮𝐫𝐝𝐥𝐞 𝐭𝐨 𝐨𝐯𝐞𝐫𝐜𝐨𝐦𝐞.

EOS has been in a decline for almost 2 years, however today's candle has broken through the falling channel. That is great news, however it's not the whole story. If we look to capture the 2019 peak and the 2020 low into the channel; we can extend out the channel bounds to +/- 3 deviations. Probability says that ~99% of all candles should be within this range. That means it's more likely than not that we see a rejection at the +3 here.

But volume is creeping up - and the market sentiment is definitely turning. So a break of the +3 should definitely be considered for a buy.

#crypto