EOS Token Picks Up Bullish Momentum (EW For Beginners)
EOS / TetherUS BINANCE:EOSUSDT
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).
😀
Just kidding…
Thank you for reading.
Namaste.
