EOS is still in a tight range, where we now have 10.7 as resistance to the upside, and around 10.2 as lows.
Keep in mind that EOS was actually the first one to shoot to the upside on 6/14/18, since then basically BTC & ETH followed, and EOS just keeps consolidating. => So beware: A break is coming here rather sooner than later, and once it occurs, it will be significant.
Of course it highly depends on grandpa Bitcoin: If Bitcoin breaks to higher highs, a break in EOS is also likely. In the EOSBTC-Chart we still keep rejecting from the 12 EMA on 4H, but that could shift quickly in such a scenario.
If you find my analysis helpful, please like & subscribe, and watch my daily videos! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Keep in mind that EOS was actually the first one to shoot to the upside on 6/14/18, since then basically BTC & ETH followed, and EOS just keeps consolidating. => So beware: A break is coming here rather sooner than later, and once it occurs, it will be significant.
Of course it highly depends on grandpa Bitcoin: If Bitcoin breaks to higher highs, a break in EOS is also likely. In the EOSBTC-Chart we still keep rejecting from the 12 EMA on 4H, but that could shift quickly in such a scenario.
If you find my analysis helpful, please like & subscribe, and watch my daily videos! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Note
Still in the rangeNote
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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.