EOS is Rebooting for the future growth
eos·@steemerxo·
0.000 HBDEOS is Rebooting for the future growth
EOS USD Medium-term Trend: Bearish Supply levels: $13.0, $12.5, $12.0 Demand levels: $10.0, $10.5, $11.0 Yesterday, the price of EOS fell to the low of $13.05. Presently, the price of EOS is currently range bound between the levels of $15 and $12. The assumption was that if the price broke the support level at $12, a short trade should be initiated. On the other hand, if the support level was held the asset would continue with its range bound movement. EOS is currently trading at $11.25 as at the time of writing. Today, from the weekly chart, the support level at $12 has been broken like the levels of other cryptocurrencies that were broken. This is an opportunity for traders to place short trades since the level is broken. A stop loss should be placed above the support level at $12. The relative strength index period 14 is level 19 indicates that the market is oversold suggesting bulls will take control of the market.
👍 ax3, steemerxo, cmtzco, cryptohustlin, eileenbeach, sammyb, woodrow, andrecarothers, minnowpondblue, minnowpondred, garage22, bitkmbr, harmonicliving, po27, iloveghee, johndc13, reported, martinshkreli, cardboardbox, minnowpond1, jasen.g1311, desmonid, ering, bofadeez, bierbeach, driva, tugboatjoe89, chako5555, shamrock017, thewindowflower, bojacktenenbaum, bitcoindon23, obeypicky, theperfect2, mrainp, btctoken, royrodgers, medha, ozioziozio, blockchaindaily, mrainp420, schulbz, sxlingsxlang, pazulang, steemitla, umerjaved, thevark, thedrayness, drguy, colleenc, magikos, unholyleaf, rngdz, minnowpond, drdeepdick,