bittybao

EOS in a Ascending Continuation Channel

Long
BINANCE:EOSBTC   EOS / Bitcoin
On the EOSBTC Daily chart with EOSUSD comparison overlay.

EOS is firmly in a ascending channel on the daily, which hasn't been broken from the top or bottom trendline.
- Ascending channel indicates a higher intensity of buying.

The RSI continuously shows EOS likes to stay above the 50 RSI.
- An upward trend is confirmed when the RSI crosses above 50.


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