EOS Getting Ready For Action? Chart Fully Mapped

15 Mar 2020

Most of our altcoins retraced together with Bitcoin just to leave behind a very long-wick and prices rushing to quickly move back up... But what will it be, more down or reverse up?

This all depends on our "decision point", in this chart this point is sitting now at MA200 or 0.0003850.

• Above this level, EOSBTC can easily start growing again.
  
• Below this level, EOSBTC can go lower and continue to retrace.
  

On the 12 and 13 March, we have a long-wick with high volume and a candle close above support (0.786 Fib. retracement), signaling that the buyers are ready and very likely to follow up.

In case prices drop, make sure to have a plan and set a stop-loss, if you decide to buy EOS looking to profit from this call.
Thanks a lot for reading and for your continued support.

Namaste.

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This is not financial advice.