EOSShort
EOS: small bearish divergence, low volume, recovery ended?
Slight bearish divergence, particularly when volume is accounted for. As I mentioned in BTC and ETH threads, I think that while the bottom is in bull cycle is not here yet.
More specifically, EOSUSD is in a resistance zone. While golden cross has been observed, it's unlikely to give further boost in price without a pullback to retest critical support.
The two scenarios are marked with arrows.
More specifically, EOSUSD is in a resistance zone. While golden cross has been observed, it's unlikely to give further boost in price without a pullback to retest critical support.
The two scenarios are marked with arrows.
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Related publications
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.