Chart is meant to be used as a complement of the EOS/BTC chart.
Price is nearing ATH on this pair with same 4H RSI bear divs that we have on EOS/BTC , hence why I think a retrace is imminent.
I will be looking for a long, using the EOS/BTC chart to find a confluence of supports on both pairs. Possible big C&H in the making, fundamental catalysts coming up as well (something about mainnet I think ? I'm a pure technician so I only have a vague idea)
Overall, the ~13$ level looks pretty solid if the it comes at the right time (confluence with BTC pair/ BTC/USD not fucking everything up like it loves to do)
Price is nearing ATH on this pair with same 4H RSI bear divs that we have on EOS/BTC , hence why I think a retrace is imminent.
I will be looking for a long, using the EOS/BTC chart to find a confluence of supports on both pairs. Possible big C&H in the making, fundamental catalysts coming up as well (something about mainnet I think ? I'm a pure technician so I only have a vague idea)
Overall, the ~13$ level looks pretty solid if the it comes at the right time (confluence with BTC pair/ BTC/USD not fucking everything up like it loves to do)