EOSUSDT - a drop of 73.5%. What's next?
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Good day to all crypto fans! We continue to analyze the EOSUSD chart.
So we got the third bottom as a gift! But is it the bottom?
Locally, the price moves in a downward channel and is located at the lower border. With a breakdown of 2.10, the price will move to its upper boundary. A double bottom is formed locally, which also indicates a probable local growth. The upper boundary of the channel is 2.98, which is also a correctional movement of 0.382 Fibonacci from a total of 73.5% fall.Continuation of the corrective movement from such a strong fall in prices will probably be in case of breakdown of the upper boundary of the local channel. It is better to consider the probability of further corrective movement during breakdown and consolidation above 3.13. Levels are shown on the chart.
In case of breakdown 1.42, the lower boundary of the channel, and consolidation below this level, a direct road to 0.4090. But while thinking about it it’s too early to think, the correctional movement is a priority. And it is necessary to keep in mind, since panic is little predictable.
It is also worth paying attention to the volume that was during the fall. And it was all bought out. Someone is actively buying a coin at cheap prices.
Thanks to all my subscribers and readers for your attention!🙏
Success and profit!🤑
Do not leave without likes and comments, and if you liked my analytics sign up and you definitely won’t miss anything!
Disclaimer!
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.
If you want to learn how to understand the market, make money without nerves, write me in a personal!
For all legal issues related to your investment portfolio: manipulations on the exchange, which led to a loss of funds, a delay in depositing or withdrawing funds from the exchange, the theft of your funds from your wallet or from the exchange, signing of an agreement with a trader, etc. write in PM. Protect yourself and your investment portfolio.
So we got the third bottom as a gift! But is it the bottom?
Locally, the price moves in a downward channel and is located at the lower border. With a breakdown of 2.10, the price will move to its upper boundary. A double bottom is formed locally, which also indicates a probable local growth. The upper boundary of the channel is 2.98, which is also a correctional movement of 0.382 Fibonacci from a total of 73.5% fall.Continuation of the corrective movement from such a strong fall in prices will probably be in case of breakdown of the upper boundary of the local channel. It is better to consider the probability of further corrective movement during breakdown and consolidation above 3.13. Levels are shown on the chart.
In case of breakdown 1.42, the lower boundary of the channel, and consolidation below this level, a direct road to 0.4090. But while thinking about it it’s too early to think, the correctional movement is a priority. And it is necessary to keep in mind, since panic is little predictable.
It is also worth paying attention to the volume that was during the fall. And it was all bought out. Someone is actively buying a coin at cheap prices.
Thanks to all my subscribers and readers for your attention!🙏
Success and profit!🤑
Do not leave without likes and comments, and if you liked my analytics sign up and you definitely won’t miss anything!
Disclaimer!
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.
If you want to learn how to understand the market, make money without nerves, write me in a personal!
For all legal issues related to your investment portfolio: manipulations on the exchange, which led to a loss of funds, a delay in depositing or withdrawing funds from the exchange, the theft of your funds from your wallet or from the exchange, signing of an agreement with a trader, etc. write in PM. Protect yourself and your investment portfolio.
Ghi chú
It seems that above 2.40 the price will not go now.
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