After suffering a considerable downtrend EOS finally broke through the 20 day moving average which has acted as resistance since June and is currently testing the area after Bitcoin had a ~5% pullback.
Great long opportunity if we get a R/S flip with a potential R:R of around 12:1, so no rush on entering.
Great long opportunity if we get a R/S flip with a potential R:R of around 12:1, so no rush on entering.
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Only a fakeout, price stuck below MA again.