EOS Daily Dose 3/25/19

26 mar 2019

My last post indicated that I expected EOS to bounce at and try to make a move up about $4.00. That has not happened yet, but out of all the major drops over the weekend between BTC/ETH/XRP, EOS hasn’t moved. That being said, there is still a possibility to re-long EOS here but I am not going to. Although there could be a move up to $4, I like the possibility of longing at $3.0 or $2.70 the best. The profit margins are way higher there and the risk will have been minimized so stay patient for now. I typically don’t like trading popular patterns but there is a bearish pennant formation so according to rules of the bearish pennant, my long at $3/$2.7 would hit.