Eosusdlong
EOS... What is the right price of an apple cake ?Just a consideration..
EOS is a token based on ethereum. ( EOSUSD ETHUSD )
It use and expand ethereum technology.
Imagine that ETHUSD is an apple fruit. it cost 331 USD / kg
Imagine that EOSUSD is a apple cake .. ( something build with an apple ) it cost 1.30 USD / kg
Now the big question ...
May an apple cake cost 1 / 300 of an apple fruit ?
it's oversold .. it's uppertrend = it's longthe price is approacing the ascending trendline.
I sugged a long position on this cross.
Important movement may occurs
The same will occurs for eosbtc and eosusd that have a similar situation