CryptoManiacu
Long

EOS STRONG BUY SIGNALS

BITFINEX:EOSBTC   EOS / Bitcoin

All my charts interpretations will start with this advice : check my daily bitcoin interpretation because is the most important, the price of each cryptocurrency it depends on Bitcoin price. we can not expect a coin to growth when bitcoin price drops and vice versa.

For EOS we have 3 strong signals.
1. we have a triple bottom.
2. we have a divergence on the Momentum indicator + we are over the 0 line another buy signal
3. ADX indicator shows us that we have entered in to an ascending trend zone.

but the most important thing is the bitcoin price, if it reaches the price of 6900$ .... HOLD EOS because this is a bullish signal and I will keep you updated .

for those who want to take advantage in the short term, the Fibonacci 0.5 or 0.618 it is a good profit target because we can see corrections after the price hit this targets.
(you can see the Fibonacci on the chart)



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