If the BTCUSD stay bullish, EOS will be able to give us interesting trade opportunities. The price bounced from the support zone and broke the local swing high. It gives us a bullish signal which we can use for buying. At the same time, the price stays below SMA200 and it tells us about the bearish market. If the price breaks SMA200 it will give us a trend reversal signal which can be used for buying as well. Stop orders for all trades should be placed below the uptrend line and 2.485$ support.
Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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