EOS formed a big bullish Shark for huge rally
Hi dear patrons, hope you are well and welcome to the new update on EOS coin.
On the weekly time frame chart, the price action of EOS has formed a big bullish Shark pattern. There is very strong support at 100 simple moving average in the buying zone.
Buying and sell targets:
Buy between: $3.83 to $2.45
Sell between: $5.71 to $9.17
Stop loss:
The buying zone is too wide of $57% therefore we can use the 100 SMA as stop-loss which is at $3.52 right now.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the weekly time frame chart, the price action of EOS has formed a big bullish Shark pattern. There is very strong support at 100 simple moving average in the buying zone.
Buying and sell targets:
Buy between: $3.83 to $2.45
Sell between: $5.71 to $9.17
Stop loss:
The buying zone is too wide of $57% therefore we can use the 100 SMA as stop-loss which is at $3.52 right now.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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