EOS is looking good here, a clear descending wedge. Last time I saw a wedge this defined on the daily was ZRX back in March and that gave us 400% profit.
MacD and RSI are on the floor, MacD looking particularly good.
A nice bounce off the 0.786 which coincides with clear and long term rising support
But... beware of the incoming death cross of the 50 and 200 day SMA around the 0.618 and 12500sats and expect a further squeeze before breaking above the longer term downtrend.
MacD and RSI are on the floor, MacD looking particularly good.
A nice bounce off the 0.786 which coincides with clear and long term rising support
But... beware of the incoming death cross of the 50 and 200 day SMA around the 0.618 and 12500sats and expect a further squeeze before breaking above the longer term downtrend.
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