Hey guys, after the clear rejection with the wicks at 9.5, we have a nice consolidation picture for EOS: we have 2 rounded bottoms, one with the lows $7, one with the lows at $6. You could call those as 'left shoulder' and 'head', but our 'right shoulder' is not making up for a inverse H&S, as we're clearly higher here. Still, the psychology is here: we have built new 4h lowrt highs with the wicks at 7.58.
=> A definitive break of this range, either to the upside at $9.5, or to the downside at $7 will come, highly depending on grandpa Bitcoin.
I wish you a great weekend still! ;) If you do not want to miss my Daily Crypto Analyses updates, please like & follow me! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
=> A definitive break of this range, either to the upside at $9.5, or to the downside at $7 will come, highly depending on grandpa Bitcoin.
I wish you a great weekend still! ;) If you do not want to miss my Daily Crypto Analyses updates, please like & follow me! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.