EOS is nearing the 276 day uptrend which has held very strong and bounced off aggressively.
We are also nearing a previous daily close meeting the trendline which is high confluence
with oversold RSI conditions and volume squeeze.
Leverage, 2x.
Entry: 977 - 1020
Targets:
1300
1630
1950
2350
Stop Loss: Close Below 830
Risk:Reward = 14.5% : 34/69/103/144%
Catalyst: Decentralized Exchange (2018/12/31)
We are excited to announce EOSfinex - a high-performance, decentralized exchange to be built on EOS.IO
Zoom out to see the full view. Dark Blue lines = Weekly swing highs/low. Light Blue lines = Daily swing highs/lows