EOS was clearly the winner of the Altcoin bounce, giving more than 10% profits, and sneaking right back into the 3,50 range, upholding the very strong support zone at 3 Dollars psychological. Compared to all the other Alts, it is the only candidate that has clearly broken the Pullback High (Neckline) of the Double Bottom.
Since EOS likes the 3 very much, we even bounced off from 3k Satoshi in the direct correlation to BTC:
Conclusion: If EOS can hold the bottom in USD of the previous Equilibrium range, we'll have the change for a nice inverse H&S breakout.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Since EOS likes the 3 very much, we even bounced off from 3k Satoshi in the direct correlation to BTC:
Conclusion: If EOS can hold the bottom in USD of the previous Equilibrium range, we'll have the change for a nice inverse H&S breakout.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
