Violent pull back on EOSETHThis cross is absolutely oversold, the cross after a long trend break the trendline.
Now is deeply oversold and i expect a violend pullback to the upperside of the trendline
EOSETH trade ideas
it's oversold .. it's uppertrend = it's longthe price is approacing the ascending trendline.
I sugged a long position on this cross.
Important movement may occurs
The same will occurs for eosbtc and eosusd that have a similar situation
EOSETH ready to skyrocketA long time oversold situation and the movement on BTC will be the boost for the skyrocketing of this cross today
EOSETH 4h: two trend channels possibleThe 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. :-)
EOS bullish ?EOS seems to be in a bullish phase.
Entry : 0.0180
TP : 0.0197
SL : 0.159
this is my own opinion, not an advice.
But please share your thoughts :)