Bitcoin and EOS Analysis: CAN THE BULLS KEEP RUNNING?
Bitcoin broke above key resistance at $3,800. It’s now eyeing a very strong resistance zone between $4,000 and $4,120 (Coinbase). Daily volume remains strong at $9.9 Billion. This is the highest we’ve seen since May of 2018.
EOS easily took out the $3.00 resistance and is now eyeing $4.00. It started creating higher highs, all backed by the highest daily volume we’ve seen since June of last year.
In today’s video analysis I discuss where prices may be heading next, key areas to watch, traps to avoid 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
If you found this post informative, please:
Open an Account on Binance here:
https://www.binance.com/?ref=16878853
Support the Crypto Ecosystem and help keep my content free with Brave Browser:
https://brave.com/wor485
Twitter handle is @Workin2005 and Facebook is https://www.facebook.com/Workin2005
That will depends, but... I'm carefully about this is a pattern that use to happen a bullish ride for almost 2 weeks and then a huge disaster
Posted using Partiko Android
The volume this time around is what makes it interesting. We haven't seen a spike in volume like that in nearly 9 months. We may see a drop in price, but clearly there's a ton of pent-up demand. People are looking for a good entry. This may or may not be it, but overall is a very positive sign for the market.
Very nice!
Thanks @hoppe