Technical analysis: . EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0178000 to 0.0165000). if so, traders can set orders based on Price...
Technical analysis: . EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0178000 to 0.0165000). if so, traders can set orders based on Price...
Technical analysis: . EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . EOS/ETHEREUM is in a downtrend and resumption of the uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.01765 to 0.01500). if so, traders can set orders based on...
EOS is coiling in a triangle and just about to break out upwards. Also, Eliot wave is providing extra level of confirmation