Most price or technical analyses tend to be too long, mine included. From now on, I will try to be more concise.
The EOS/USD pair is consolidating inside the yellow triangle (See first chart) and it is trading at $12.20 at the time of this article. The pair finds support at $10.50-11.00 and meets resistance at $12.50-13.00. Breaking support or resistance will push the pair down or up respectively.
I have opened a long position at $10.75 with a stop-loss order at $11.75 at the time of this article (See second chart).
I would appreciate your feedback and your vote very much.
Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.
For Educational Purposes Only.
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