MarketMinds

Bearish accumulation or sideways movemten?

BINANCE:EOSBTC   EOS / Bitcoin
Hello, traders.

Tell us what you think.
EOS is close to the long-term resistance, which may decide the future of that asset price. We are on a few days within an accumulation zone. We don't know if it is a bearish accumulation or sideways movement, so we are going to wait for the price to decide the next move. Within which case, the long position is above the resistance, and the short position bellow that accumulation.

Best Regards.
Gustavo.

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