bisighini12

EOS 4 HR Analysis

Long
BITFINEX:EOSBTC   EOS / Bitcoin
It looks like EOS is still holding on the 0.5 Fib level during the correction. Wave 5 should be underway soon with a possible target listed above. What are your thoughts? Also, bullish divergence on RSI. Bollinger bands are beginning to pinch again which could mean more volatility. Looking for another upward break here to start wave 5. Volume may pick up due to mainnet in early June.

Please note this is just an idea/interpretation of the graph, not financial advice.
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.