Bitcoin and EOS Technical Analysis: SEARCHING FOR A BOTTOM
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As of writing this, bitcoin is still consolidating around $3,750. The $3,600 support has held surprisingly well. If price can break decisively above $3,800, we may see a quick rise to at least $4,000.
EOS has been following bitcoin almost to the tee. It hit the $3.00-$2.70 support zone and bounced. If price can break above $3.20, it'd be a welcome sign of strength from the bulls. If price is rejected at $3.15, we may see a quick drop back to the prior low around $2.85.
In today's video analysis I discuss, where prices may go from here, key areas to watch and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/@workin2005) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Workin
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