EOS 1D The trend determining for the coming months is close

30 Nov 2020

It looks like an active buyer, who aggressively bought back EOS from the level $2.36 5 times, has taken action.

The increased volumes helped break through the trend line, which has been falling for almost 2 years. However, BTC and the entire crypto market flow prevented the price fixing above the trend.

Now the price is again approaching the trend, although the trading volumes are much weaker.

To continue growing to the zone $5, first one needs to confidently break through and fix above the highlighted blue zone, above $3.30. This will be the signal for a safe long entry.

If the trend line cannot be broken upwards, then the level $2.36 will pull the EOS price to itself like strong magnet. It was there where the "secret bull" was bought.
At the same time, the market will be able to check if there is still an aggressive buyer there or if it can fall lower.