Forex_Academy
Short

EOS/USD has found resistance again

BITFINEX:EOSUSD   EOS / Dollar
EOS plunged today and now is pressuring the 50% retracement level. The fasle breakouts above the upper median line (uml) could send the rate towards the median line (ml) again. Thsi scenario will take shape only if the rate will close below the 50% line. i want to remind you that a valid breakout above the 250% line will signal a signficant increase.
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