Technical analysis: . EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Resistance and RSI overbought show a high probability of retracement before new highs. Buy at resistance and will update this post!
EOS finished the ABC correction cycle and is ready to begin a new bull wave
Technical analysis: . EOS/ETHEREUM is in a downtrend and resumption of the uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.01765 to 0.01500). if so, traders can set orders based on...
Eos would probably resume its uptrend again Technical analysis: . EOS/ETHEREUM is in a downtrend and resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.01765 to 0.01500). if so,...