The graph is consolidating under an order block, making lower highs and higher lows. A bullish scenario would be making a clean break of the order block and successful retest. There are 2 previous zones of support under the current price that could provide a bounce. The graph is still in a downtrend until higher highs are formed so a return to previous zones of support are more likely. If a bounce occurs, the demand zones above the price can be used as places to take profit.
To long or short EOS w/ leverage:
bitmex.com/register/3YnX0y
To long or short EOS w/ leverage:
bitmex.com/register/3YnX0y
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.