EOS/BTC -found new support at 50D MA with a strong daily candle -currently, the price is trying to break the trendline resistance -you can open a buy position if it can clear the resistance line -or wait for a pullback retest and add more position size -the upside target is up to 3366-3780 sat range -bearish scenario, a break below 50ma will lead to downside action
Technical analysis: . EOS/BINANCECOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.4600 to 0.4220). if so, traders can set orders based on Price Action...
Technical analysis: . EOS/BINANCECOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.5440 to 0.4940). if so, traders can set orders based on Price Action...