EOS: New Trades from 2.40$ Support

I wrote about long trade for EOS as well. You can read about such trades in this post. The price broke 2.40$ support but bounced from 2.20$. In the hourly timeframes, you could use a good bullish signal for buying. Now the price is not far from SMA50 which can stop the upward movement. If we get a pullback toward 2.40$ we will be able to use it for buying. The market looks interesting as the price stays at the bottom and there is enough room for a new uptrend.



Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.