EOS Token Picks Up Bullish Momentum (EW For Beginners)

28 mar 2022

EOS Token (EOSUSDT) is a tricky one...

I remember this pair hitting support and once we buy it goes down and hits a new low...
This happens over and over until we completely give up...

Next thing you know, it starts to grow!

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We have the highest volume today on EOSUSDT, the highest since early December, it can hit a local peak.

Remember the waves...
As it hits resistance it will retrace or consolidate for a few days.

Once this retracement/consolidation phase is over, then starts a new bullish wave.

Normally the waves develop in a sequence of 5 moves...
3 are upwards (impulses), 2 are downwards (corrective).

:D

Just kidding...

Thank you for reading.

Namaste.