BillCharison

#EOS - Formed a Net, Let's Observe!

BINANCE:EOSBTC   EOS / Bitcoin
On a daily chart EOS price has formed a converged 2-ways net. The first call will occur in the first orange zone where priorities will be distributed. Now the priority is upward, as the price has moved out of the lower quarters to a higher level.

If the price remains in the bullish zone without entering the bearish quarters, then the next movement will be upward. However, if the price moves to the bearish quarters and remains there, then we will see a dump soon.

Dotted line - bearish option
Solid line - bullish option

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