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02/27/2020

EOS USD

The closure of today's candle for EOS, lets us see a clear control of the bears on the market, after having spent several days consolidating in the area of $ 4.4 - $ 4, today there was a clear break with A big candle controlled by bears.Despite this, we are in an important support area in the area of $ 3.5 - $ 3.35, which the bulls could seek to position or even anticipate this level to enter the market, also adds that we have reached a key level of fibbo again 61.8% and uptrend TL drawn from the beginning of the upward movement taking place a few weeks ago. After the large candle that we see today, it is expected to see first consolidate this area, before any action by the bulls. I would like to see a bull set up in the Daily TF first to confirm this important level of support.

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