The EOS (EOSBTC) chart is preparing for a massive jump. We have 5 consecutive green candles with low volume to break above EMA10 and EMA50, telling us that the break below EMA10 back on the 17-Dec. was a fake breakdown.
With a strong RSI and flat MACD, this setup is perfect for a strong impulse move... Some barriers need to be taken out first.
The black trendlines clearly depict how EOSBTC has been moving. Consolidation can happen within this range and any break above or below will lead to a strong move.
My view EOS Is preparing to grow big time.
Take a look at this chart EOSH20:
Feel free to leave a comment if you have something to share with us.
Thanks a lot for reading.
Namaste.
Comment
⋅
Moving positively and generating profits... Patience is the key.