EOS Lurches Down to Next Higher Time Frame Support Zone
Hey guys,
Yuck.
Markets rolling over big time today, but when you take a closer look at the carnage, it’s pretty technical and predictable.
Take a look at the daily for the higher time frame zones that price has predictably moved between. We are in a bearish trend remember:
EOS/USD Daily
Pretty obvious levels and pretty obvious price action around them, don’t you think? Nothing fancy, just a couple of obvious straight line zones to help us manage our risk.
Well now we’ve lurched into support, we zoom into the hourly and wait for a retest of short term resistance as support:
EOS/USD Hourly
Or we go straight through. God this is shit to watch and write about 🤮.
✌🏻.
@forexbrokr | Steemit Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr
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Really want to be mentored on crypto trading
Lots of margin calls for the over-leveraged.
Sure is a bloodbath. Glad it's not just STEEM though.
los mercados estan un poco alocados es buen momento de invertir y tener una aptitud positiva..