TradingView
cryptobulls51
May 27, 2018 8:28 PM

EOS - Beginning of a new cycle 

EOS / BitcoinBinance

Description

EOS/BTC is showing a strong trend on this overall bearish market. It did a nice 50% retracement back to 0.0014 range and it's now trading inside the cloud and will possibly find support at ~0.0017 if it breaks through the cloud. Regarding Ichimoku cloud, it's also worth noticing the bullish TK cross and Tenkan-sen line might turn into a dynamic support.
Comments
Matt6262
New cycle? I think we are actually finishing wave 4 and going into 5th wave
cryptobulls51
@Matt6262, yes, I agree. See this post I made considering the daily chart:
Matt6262
@cryptobulls51, yeah that looks good buddy
More