EOS/USD, Daily Chart Analysis 5/1
The EOS coin has witnessed a tremendous run-up, soaring over 286% from the lows of $5.1000 on April 1 to the new All-time highs of $23.0290 on April 29.
Soon after such an impressive run, the Key resistance high developed at $21.4120 under an All-Time high. The Mean support level of correction is $14.4600; the Key support lays at 11.1300
Before initiating any new long/short positions, we need to honor both supports and Key resistance for precise entry points.
Soon after such an impressive run, the Key resistance high developed at $21.4120 under an All-Time high. The Mean support level of correction is $14.4600; the Key support lays at 11.1300
Before initiating any new long/short positions, we need to honor both supports and Key resistance for precise entry points.
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