#ruby#hotwire#kanban#rails#ruby
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#EOS/USDT analysis :
#EOS has broken out and is currently testing a previously respected resistance zone. The price is expected to test this level and rebound from there, indicating potential upward movement toward previous highs.
TF : 2H
Entry : $0.8980
Target : $1.0600
SL : $0.8470
#EOS/USDT analysis :
#EOS is currently undergoing a correction phase. The price is trading within the resistance zone and is expected to decline from this level, continuing its bearish momentum and testing previous swing lows.
TF : 1h
Entry : $0.4247
Target : $0.4007
SL : $0.4398
#EOS/USDT analysis :
#EOS is currently undergoing a correction phase within a downtrend. It is expected to test the previous resistance zone before continuing the trend. Wait for the price to test the resistance zone and reject from there before considering opening a short position.
TF : 4h
Entry : $0.5000
Target : $0.4380
SL : $0.5291
#EOS/USDT analysis -
#EOS is making lower lows and higher highs, while facing resistance from the 200 EMA. Right now, the price is in a correction phase. It is advisable to wait for the price to reach the $0.610 level and then bounce back down to go short. Keep an eye on the previous swing lows as it could be potential target level.
TF : 1h
Entry : $0.598
Target : $0.538
SL : $0.638