Wetdog544

EOS the Coin to Watch

Long
BITFINEX:EOSBTC   EOS / Bitcoin
#EOS has finally broken out of a long slow decline. It smashed through the resistance and from there rose 38% before retracting slightly. Back on the rise the RSI is above 50 and climbing. The MACD has moved across the zero line and is climbing. The Bollinger Bands are opening up indicating price volatility and trading volume is on the increase. The current rise is likely to continue until 0.009 BTC (1.618 ext) before retracting a bit. It will be interesting to watch how #EOS performs over the typical slow weekend.

As always do your homework and decide on your own trades.

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