Hi, dear Traders!
Monfex is at your service and today we overview EOS/BTC.
EOS is moving towards the diamond support zone now. RSI has entered a recession phase in the oversold zone and by that time the price will just drop and you can expect an upward movement from the support zone to the first target.
$2 774 501 506 USD
$1 619 668 115...
First we need to identify possibilities of candle pattern 1-2-3 bottom formation. As we can see in history, this pattern failed many times, so be careful. Right now 1-2-3 bottom formation was created but not confirmed. Main resistance is on lvl 38500 sth, which is 38,2% Fib retracement of last main downtrend line and this value was respected on last local maximum...