This current uptrend looks very similar to 11-1 to 11-4, EOS exausted its pump for now and is short squeezing before a pull back to $1.35-$1.50. MACD for 4h is too risky.
I'de like to note that the coin does absolutely nothing in the crypto world. It's useless.
I'de like to note that the coin does absolutely nothing in the crypto world. It's useless.
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closed position at $1.82 but it looks like they are going for a major bull trap around $2. I would just stay out of the trade completely. It's too risky and the trend is becoming random.
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Possible Buy Opportunity
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further analysis, will the dip finally happen?
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diagonal uptrend is now broken, now testing $1.80 important support line.
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check my most updated chart "where is EOS going" to rreference:
support line 1.80 didn't hold, can it catch the previous purple trend line? buy zone may happen!
support line 1.80 didn't hold, can it catch the previous purple trend line? buy zone may happen!