$EOS 2021-FEB-10
๐๐๐ ๐ฅ๐จ๐จ๐ค๐ฌ ๐ฌ๐ญ๐ซ๐จ๐ง๐ , ๐๐ฎ๐ญ ๐ก๐๐ฌ ๐จ๐ง๐ ๐ฆ๐จ๐ซ๐ ๐ก๐ฎ๐ซ๐๐ฅ๐ ๐ญ๐จ ๐จ๐ฏ๐๐ซ๐๐จ๐ฆ๐.
EOS has been in a decline for almost 2 years, however today's candle has broken through the falling channel. That is great news, however it's not the whole story. If we look to capture the 2019 peak and the 2020 low into the channel; we can extend out the channel bounds to +/- 3 deviations. Probability says that ~99% of all candles should be within this range. That means it's more likely than not that we see a rejection at the +3 here.
But volume is creeping up - and the market sentiment is definitely turning. So a break of the +3 should definitely be considered for a buy.
#crypto
EOS has been in a decline for almost 2 years, however today's candle has broken through the falling channel. That is great news, however it's not the whole story. If we look to capture the 2019 peak and the 2020 low into the channel; we can extend out the channel bounds to +/- 3 deviations. Probability says that ~99% of all candles should be within this range. That means it's more likely than not that we see a rejection at the +3 here.
But volume is creeping up - and the market sentiment is definitely turning. So a break of the +3 should definitely be considered for a buy.
#crypto
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