EOS looks prime to enter in order to ride the next wave up. As long as the Chikou Span does not cross the Kijun Sen we could see a bounce around the kumo cloud. If the price action goes through the cloud, expect the blue line to be its next support. I think EOS will bounce nicely now or near the green box indicated.
RSI:
EOS has been running hot touching the overbought zone three times before the correction.
MACD:
Looking for the histogram to decrease in size to identify bears losing strength.
ADXDI:
ADX coiling is the consolidation trend. The price action is in consolidation.
RSI:
EOS has been running hot touching the overbought zone three times before the correction.
MACD:
Looking for the histogram to decrease in size to identify bears losing strength.
ADXDI:
ADX coiling is the consolidation trend. The price action is in consolidation.
