EOS/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 3.641, 3.735, 3.899.
Key Support Levels: 3.109, 2.508, 2.250.
Daily Time Frame:
The price on the higher time frame failed to break a strong support level around the 3.100 USDT mark where a series of higher lows has been posted. This shows that the buyers might took control of the market and this could lead to a reversal and a move higher.
1-Hr Time Frame:
On the lower time frame, the price is bouncing inside a bullish flag formation where it has a bias to break it to the upside. A lower correction is expected to the highlighted zone where more buyers will push the price upward in a form of a new bullish impulsive wave toward the target profits.
Buy Limit Order @ 3.282
TP 1 @ 3.377
TP 2 @ 3.899
Stop Loss @ 3.240
Trade Safely 🙂