Eos broke the old resistance trend line. It's time for the giant to wake up.
short EOS for a less that 1% move charts
i like hammer it worked for me once before on here and when i see a hammer form on the down trend and i know it didnt close yet but again i just want to see how it works if its going to flip it again to the next resistance lil tiny stop loss
If EOS KRW fails to keep its present support line, it would fall down drastically. Let's see if it walks sideways or not.
Analyze this chart and learn from it. It will make you a better trader...
Touched its support line(falling wedge) : KRW 6690 is the edge of the support line on my chart. But, BTC looks like heading to the lower place. XD Let's keep watching its direction. There is no strong support line under 6K, I guess. Take care of your deal. Good Luck.
: Big Falling Wedge forming : Small pennant is forming in the big falling wedge : the price is under the trend line from KRW 4,280 : any meaningful price breakout is at least KRW 8700(breakout the trend line) : if BTC falls down the price under 6K, EOS would fall down to 6618( KRW 6440 w/ overshoot) : if BTC could walk on its upward trend to 9K, EOS could reach to...
Has been formed Double Top. Forming Falling Wedge with strong support at 6,4XX KRW. 50MA is 9,436 KRW. EOS KRW has been broken its long term uptrend(thin red line) and the uptrend has been turned into the resistance. Its in the middle of the wedge pattern. If it couldn't break out its long term uptrend & resistance lind of the wedge, EOS could fallback to its Fib...
the price confirmed the Fibonacci level 0.618 as a support , this is a good sign for the continuation of the movement ENTRY the closure of the four hour candle above the previous local maximum ( 15375 ) on the chart i have indicated the possible resistance levels but be careful , there is no volume , this is a classic pump