Cryptocurrencies

Bitcoin and EOS Analysis: BULLS MAKE AN APPEARANCE

Bitcoin has broken back above $4,000, currently trading around $4,020 on Coinbase. It also appears to be approaching the upper resistance line of a larger wedge.

Screen Shot 2019-03-27 at 6.18.43 PM.png

Shorts have been rapidly dropping while longs are slowly rising.

Screen Shot 2019-03-27 at 6.24.45 PM.png
Screen Shot 2019-03-27 at 6.25.16 PM.png

Looking at EOS, we can see it broke up and out of the wedge it had been consolidating in. It’s approaching the prior high around $4.53 and showing signs of a possible double top.

Screen Shot 2019-03-27 at 6.19.17 PM.png

In today’s analysis I discuss where prices may be heading next, traps to avoid, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

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Twitter handle is @Workin2005 and Facebook is https://www.facebook.com/Workin2005
Feature Image By: Saul Gravy

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