Buyers were unable to take advantage of the critical range of $2.62-2.68. As you can see in the chart, a lot of liquidity is concentrated in this range. At the moment, the price of EOS is trading below the critical range.
Therefore, the probability of a new local fall wave with a target of $2.36 is quite high.
Cancel this scenario if the price hits $2.68 and stays above this mark for at least a 4-hour timeframe. _______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
The VPVR indicator is quite useful for sharp trend recognition. Would you explain more on how to use this indicator? (any youtube or pdf tutorial is appreciated).