Updated

EOSETH 4h: two trend channels possible

391
The time frame of eos is very short. The analyzes are therefore very fragile. I see two possible trend channels just now (down red/green an up pink/purple). Point 1: Here could be a first up, if the resistance will break. Point 2: Here could be also an up later. For me 2 is more possible, because we should see 23.6 fibo bottom.

Let's see what happens. Happy trading. :-)
Note
down to next support line fibo 23.
Note
more down possible. let's see how strong the resitance is.
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.