EOS/BTC TA Update (Bulls getting ready?)
EOS/BTC
EOS broke the trendline resistance from the high 4650 sats and now holding the EMA 26 plus 50MA support on the 4H timeframe.
We can see a potential 1st higher low is being set at 4060 sats. From a bullish standpoint, this higher low is our key guide for the uptrend and if the price breaks this.
Potential uptrend will be invalidated and EOS will continue a deeper correction. But if everything goes well, the upside target is up to 4600 sats.
EOS broke the trendline resistance from the high 4650 sats and now holding the EMA 26 plus 50MA support on the 4H timeframe.
We can see a potential 1st higher low is being set at 4060 sats. From a bullish standpoint, this higher low is our key guide for the uptrend and if the price breaks this.
Potential uptrend will be invalidated and EOS will continue a deeper correction. But if everything goes well, the upside target is up to 4600 sats.
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