Hey guys,

Just a quiet Sunday in crypto markets, with EOS retesting previous support, this time as resistance. Click the link and and make your way back through the narrative, seeing that we’ve been talking about this particular zone for a while now.

The way these levels can be tested, broken and then retested on the opposite side so seamlessly, still gets me smiling every time. Just pure reflections of human behaviour. Aren’t markets cool!

Anyway, first up here’s an initial look at the higher time frame EOS chart:

EOS/USD Daily

It’s that same level, with the market giving us yet another chance to use it to manage our risk around. Thanks for that, right? 😉

Now you’ve seen the higher time frame zone in question, drill down into an intraday chart:

EOS/USD Hourly

The EOS Hourly shows what I’m talking about above pretty clearly. Chance after chance you’ve been given to get short if you want to use the zone.

Never think you’ve missed the boat with these sorts of setups because once again you can see that there’s no such thing. It actually pays to be patient in fact.

Beautiful.

✌🏻.

Return from Quiet Cryptocurrency Sunday with EOS Retesting Previous Support as Resistance to forexbrokr's Web3 Blog