If you’re following our analysis, you know that a submerged crossover is a strong . So you can wait for a dip soon.
Let’s take a look at each indicator of our setup…
– At the moment we’re at 43 and will likely approach the 30 range in the very short term.
– We’re almost at oversold levels… even if a little pump happens, it’s likely that we’ll oscillate below 20 soon.
– We’re at oversold levels here… it seems like there isn’t much margin down in the short-term.
– The lines are overlapping, indicating a moment of uncertainty… but that scenario will not last long since the market doesn’t like indecision.
In the long term, the is quite and you should see the blue line taking over upside again in a few days.
Conclusion: If you plan to invest in EOS, the time to jump in seems to be approaching. The market should make a decision up after small dips. Two things you should be alert here to enter with a good margin, at oversold levels and price at the bottom of Bands… wait for that and you should be fine. Also, stay tuned for future updates!
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