Hi guys,
Despite all the drama in the bearmarket we have a couple of winners. One of them is EOSBTC. Despite all the massive drops, EOS is holding nicely. I expected a bigger dump after the release of mainnet, however this did not happen.
I am neutral on EOSBTC and not taking any positions. Keeping an eye on the green area (between 0.0013 and 0.0014). It seems EOSBTC is holding that area nicely, because it is making higher lows. Thus, let's wait what happens at the red resistance line.
Have a nice weekend!
Despite all the drama in the bearmarket we have a couple of winners. One of them is EOSBTC. Despite all the massive drops, EOS is holding nicely. I expected a bigger dump after the release of mainnet, however this did not happen.
- MACD is flattening, which means no real treat.
- RSI is making higher lows.
I am neutral on EOSBTC and not taking any positions. Keeping an eye on the green area (between 0.0013 and 0.0014). It seems EOSBTC is holding that area nicely, because it is making higher lows. Thus, let's wait what happens at the red resistance line.
Have a nice weekend!