Short
EOSUSDT Range High| Range Low| Price Action| Trend
Evening Traders,
Todays analysis – EOSUSDT – trading towards a key level where a respect is probable,
Points to consider,
- Price Action Impulsive
- Range Low Support
- Range High Resistance
- Declining Volume
EOXUSDT’s immediate price action is rotational, trading towards the range low support where an impulse is likely.
Holding this level will increase the probability for a rotation towards the range high.
The immediate volume profile is on a decline, this is suggestive of a break being imminent.
Overall, in my opinion, EOSUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
Todays analysis – EOSUSDT – trading towards a key level where a respect is probable,
Points to consider,
- Price Action Impulsive
- Range Low Support
- Range High Resistance
- Declining Volume
EOXUSDT’s immediate price action is rotational, trading towards the range low support where an impulse is likely.
Holding this level will increase the probability for a rotation towards the range high.
The immediate volume profile is on a decline, this is suggestive of a break being imminent.
Overall, in my opinion, EOSUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
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Trade with perks & support the community!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.