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QubitLife
Jun 5, 2020 9:54 PM

EOSUSD:Analysis using Ichimoku 05/06/2020 Short

EOS / United States DollarCoinbase

Description

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