Hello to all members of the AMKT crypto channel. In our first analysis in the TradingView space, we are going to look at the EOS coin together.😍
On the monthly time frame, we are in a downtrend where we were supported by our last monthly support level and were able to create a higher low and are waiting for a higher high.
We are also in a downtrend on the weekly time frame.
In the daily timeframe, we are forming a range structure between 0.5895 and 0.8789, and we can take a position by exiting from either side and increasing volume.
And on the 4-hour time frame, we are in a descending channel that generally creates a boxed range between 0.5895 and 0.7072. For long positions, after breaking 0.7072, we can take a long position and wait for a break of 0.8789, but for short position, we should wait for an increase in volume, because the volume is decreasing and if the volume increases, we can enter a short position with a break of 0.5895.
Have a good day with lots of profits.😍
On the monthly time frame, we are in a downtrend where we were supported by our last monthly support level and were able to create a higher low and are waiting for a higher high.
We are also in a downtrend on the weekly time frame.
In the daily timeframe, we are forming a range structure between 0.5895 and 0.8789, and we can take a position by exiting from either side and increasing volume.
And on the 4-hour time frame, we are in a descending channel that generally creates a boxed range between 0.5895 and 0.7072. For long positions, after breaking 0.7072, we can take a long position and wait for a break of 0.8789, but for short position, we should wait for an increase in volume, because the volume is decreasing and if the volume increases, we can enter a short position with a break of 0.5895.
Have a good day with lots of profits.😍
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.
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.