BINANCE:EOSUSD   EOS / US Dollar (calculated by TradingView)
One would ask if it makes any sense to analyse EOS today. BTC overpowers anything I decide with this coin. Currently, the price about to hit the yellow trend line , the RSI hovering above it. Will it bounce? I do not know.
STOCH RSI is diving with no signs of pulling up before the price and the RSI crash through the ground.
My money is this is going down.
You can forget this if BTC makes an upward move though.
I would not short this coin if BTC is moving up.
Trade active: BTC made a move in a positive direction.... so did EOS in the 4h time frame.
The overall trend is bullish.
Eyes open with STOCH RSI.