Bitcoin and EOS Technical Analysis: WEEKEND UPDATE

Bitcoin and EOS Technical Analysis: WEEKEND UPDATE
January 12 19:07 2019

Bitcoin is consolidating right on top of the $3,600 support zone. Should price decisively break below $3,600, the next relevant area of support is between $3,400 and $3,250.

Screen Shot 2019-01-12 at 1.34.22 PM.png

In my last EOS update, I pointed out the larger wedge it was consolidating in. I told you it would likely make a larger move as EOS approached the apex. The following day, price broke down from $3.00 to as low as $2.30. It then sightly rallied to the $2.45 support zone. EOS continues trading around $2.45 at the time of writing this update.

Screen Shot 2019-01-12 at 1.41.15 PM.png

In today’s video analysis I discuss, where prices may be heading next, traps to avoid 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

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About Article Author

Workin
Workin

From retired airline pilot to full time crypto trader. Trading cryptocurrency provided the means to walk away from a demanding career to enjoy time focusing on what's important in life - family and friends. Helping others navigate the volatile crypto market is an amazing bonus.

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