Update on EOS. EOS-BTC on July 21, 2018

July 22, 2018


There is a possibility to break the current local resistance, if it happens, the market can get the impulsive breakout with the further growth. On 30 min timeframe, it looks good: the price still doesn’t go below the support level and the scenario of the impulsive breakout in the near future is actual. If the support does not hold the market pressure, we should catch the price on the lower levels as we can follow the downtrend and further. In general, if to consider this asset as a long-term investment EOS on the current levels looks good, but you shouldn’t spend much of your deposit as we still can test the line of a long-term uptrend, be careful.

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