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QubitLife
Jul 30, 2020 8:54 AM

EOSUSD:Analysis using Ichimoku 30/07/2020 

EOS / DollarBitfinex

Description

H4
On D1, the cloud is directing upward, indicating an uptrend. Also, it is worth noting that the price has grown beyond the border of the Triangle Correction Model. At the level of $ 3.3 is the 61.8% Fibonacci level.
Conclusion:
In general, the trend is upward. We recommend considering buying on H4 when the RSI H4 reaches the oversold level.


H1
At H4, the cloud is directing upward, indicating an uptrend. RSI H1 is near the oversold level.
Conclusion:
We recommend buying EOS on H1 nowl.

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