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JoelRBishop

EOSUSD and ADX: The Trend Strength Indicator

Long
EOS (BITFINEX:EOSUSD)  
JoelRBishop  
BITFINEX:EOSUSD   EOS
Trend Analysis Technical Indicators Chart Patterns
2
0
trendanalysis indicator chartpattern
According to the ADX Trend Strength Indicator, the current rally has not hit levels of exhaustion and is still trending. Exhaustion levels are indicated by the gold section of the indicator. When prices are trending, they are in the green section of the ADX indicator. When the market is transitioning, that is displayed as the blue levels in the ADX indicator.

Currently, the prices for EOS are trending with strong momentum to the upside.
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