Looking longer term within EOS and the chart of this asset, we have now made a MAJOR move and should be considered VERY BULLISH (long term) until proven otherwise. Sometimes these fail, many times trends begin...
EOS has now SMASHED through the 200 day MA to the upside over the last couple of days. Bulling up any major chart of assets you can see how LONG these trends last sometimes above the 200 day MA. We definitely want to see the 200 day MA start to curl up but this is a major start to what we want to see for a new bull run.
Rising trends above 200 day MA sometimes last years and where you get the BIG MOVES in the LONG TRENDS. I do not plan to sell anytime soon that is for sure. HODL.
