QubitTech

EOSUSD:Analysis using Ichimoku 05/06/2020

Short
COINBASE:EOSUSD   EOS/USD
H4
EOS price is trading above the Ichimoku cloud , indicating an uptrend and the possibility of buying at the cloud.
RSI is clearly overbought, and divergence is formed between the price and the oscillator.
Conclusion:
It is worth considering sales.
H1
The price broke through the rising channel and rise to the upside channel.
RSI at the overbought level.
Conclusion:
Great place to sell with stop loss at 2.9

Good luck!

Comments

Great analysis , have a look at this also
Reply
EOS Is About to Explode Higher - Lets Trade It
Reply
Nice work
Reply
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