EOS Daily Dose 3/26/19 | EOS leads but is this a bull trap?

27 thg 3, 2019

Wow! What a day for EOS. I had written that I do not expect EOS to hold $4 if we broke out of that triangle and at the time of writing it is trying to retrace. Out of all the coins that pumped today, EOS had the best day with about a 15% move. It is unclear whether this Is sustainable but my guess is that it is not. If we do move up I would be surprised if we break $4.80. I am still going to long at $3 and then $2.70 so I am not going to short or long until price action changes my mind about those 2 entry points.