We are back with EOS, where we had a major drop for this coin, resulting in almost a 50% dump for the coin.
Now we are looking for prices hovering near the local supportive zone at $0.73, which will determine the next major movement.
If we manage to hold this zone, then we will see a good re-test of upper resistance and EMAs, while if we see a breakdown, then movement towards the liquidity zone will be most reasonable!
Swallow Team
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EOS is showing us a nice downward pressure pressing towards that supportive zone, which is looking to be broken.
As soon as we get a nice breakdown (confirmation), we will be looking for a price movement towards that zone of liquidity.
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Eos has done an amazing movement after finding that supportive zone and securing it.
Price had a 20% movement to the upper resistance zone (near EMAs) and then another 20% movement back to the lower zones (just as we noted).
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.