The sharp drop in the price of EOS on December 23 caught buyers by surprise. The $2 test forcibly closed the positions of many margin traders.
However, buyers were able to gather and organize a counterattack. The purpose of our previous idea has fully worked.
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!
However, buyers were able to gather and organize a counterattack. The purpose of our previous idea has fully worked.
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!
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🔥V-I-P cutt.ly/PwkLhT56
👍Crypto activities and free💲 cutt.ly/0w9VqL2X
💰Trade here + take Bonuses linktr.ee/ps_trade
🔵Telegram t.me/pstrade_eng