Bitcoin and EOS Analysis: QUICK UPDATE
Bitcoin has been unable to break above the $4,000 resistance (Coinbase). Volume ’s dropped off slightly, which was expected. Price is currently trading round $3,900. it looks like we may see one more attempt to breach $4,000. If that fails, I’m expecting a drop back at least $3,800.
EOS has been impressive these past few days. Bulls attempted to decisively break above $4.00, but the bears have fought them off so far. I’m expecting another attempt to break above $4.00. If that fails, we could see a drop to at least $3.60.
In today’s video analysis I discuss, where prices may be heading next, ares to watch, possible trade entry/exit points and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Workin
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Great stuff. Thanks Workin!
Thanks Joe!
They are saying the rise in the crypto space is due to JP Morgan's crypto currency news. Either way, I'm liking the price action.
Agreed. There’s a lot of positive news coming out. Whether it’s JP Morgan’s coin, speculation on SEC approving ETF’s, Samsung announcing they’re including a default crypto wallet in the next Galaxy S10 phone, Twitter looking to include bitcoin tips via lightening, etc...things are looking good. I’m not convinced this is the bull run we’ve all been waiting for, but I’ve started averaging in.
You clearly know what your on about.. thanks for sharing... And the education it's a huge help..
Glad to hear it’s helping you @y80rjp. Thanks for stopping by and commenting.
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