EOS: Grinding At Bottom Support!

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EOS is currently grinding at the bottom support of $4,10-$4 psychological: Either we will see a bounce going on from here (Mean-Reverting trade), or we will break the bottom (Breakout trade), in which case we'll have the potential to go towards $3,60-$3,30, giving decent profit.

Of course it's gonna highly depend on what grandpa BTC will do now:

Bitcoin Multi-Timeframe Analysis


We can perfectly see the current EOS/USD indecision on the Weekly chart with currently the 3rd Doji/Spinning Top candle, after the bulls had reacted with the Hammer. => We will see a definitive decision coming.

snapshot

If you wanna understand the candlestick patterns, including the whole chart anatomy, and set up your trading plan according to risk & position-management, just let me know! ;)

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