EOS 1D Warning, sellers activating, possible correction

2021年5月7日

Our previous short-term idea on EOSUSDT fully fulfilled the goal and even exceeded it by a notable degree.

Write in the comments what news or events could help the price of EOS rise so much.

Let's look at the EOSUSD chart on a larger time frame today
The EOSUSDT price has reached the upper border of the channel, which has been stretching since mid-2019. On the daily candle, sellers began to fight back, drawing large shadows, the struggle continues.

If there is no strong news background, then according to the laws of TA, the price of EOSUSDT should start the correction.
Below, in the area of ​​$5-5.50, there is the middle of the above-mentioned channel, and at the same time, there is a powerful liquidy zone, where the price has stopped twice before.
So, it is in this liquidy zone that a correction should be expected.

If sellers lose the fight, and buyers prove their strength, and the price of EOSUSD itself can gain a foothold above $13, then the next target from above will be $16
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2021年5月27日

交易结束：到达目标