EOSLong
EOS breakout ahead of Evolution Airdrop on May 10th
Updated
EOS was the first Coin to make a new ATH (all time high) after the freezing winter lows.
If you take a look, day by day it is trading between a narrower and narrower price rage (under 1$ oscillation daily), for me this looks like accumulating strength.
Today we will have the Evolution Airdrop for all EOS holders, good trigger for the Moon or at least some decent profits for the next leg up.
I expect a volume spike once the the triangle brakes to the upside (buy signal).
A lot more Airdrops will come after the Mainnet launch on 1st of June.
First target: 30$
If you take a look, day by day it is trading between a narrower and narrower price rage (under 1$ oscillation daily), for me this looks like accumulating strength.
Today we will have the Evolution Airdrop for all EOS holders, good trigger for the Moon or at least some decent profits for the next leg up.
I expect a volume spike once the the triangle brakes to the upside (buy signal).
A lot more Airdrops will come after the Mainnet launch on 1st of June.
First target: 30$
Note
EOS just broke out to the upside and continues up.Volumes still low (behavior on the 19$ resistance will be crucial).
Note
EOS dropped back in the triangle as BTC is testing the 9000$ resistance.
If this 4H candle closes under the triangle it could go to 16-14$ area.
Let`s see how it plays out. (1h 20m left until candle close)
Note
The 4h candle after testing the 14$ support and will close well above it.
It`s a clear bounce! that`s a buy signal in my book + Huge buy walls on the order book.
Let`s ride it to 30$ :)
Trade active
Rally starting + 1$ already
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.