EOSUSD
This is one of my favorite coins but I hate saying that is following BTC movement very much, not surprise I know but I wish it doesn't like for example NEO and Ripple.
Anyway going back to the chart and what is telling us. For the moment the signings are still pretty bearish to me but there is hope of course if BTC goes up ;).
The RSI, MACD and DMI support a long trade, the correction is done for now and so far we are still building the trust and once we get a kumo breakout we are good to go finally up.
Will do more updates once a have a clear picture of where we can go.
Comment:
EOS will move soon.
Trade active:
We need to see the downtrend being broken, expected the price to get to the upper side of the channel.
Comment:
Up we go.
Comment:
The symmetrical triangle failed but it appears that a pennant is forming and if BTC is stable we could see upper movements again.
Trade closed: target reached:
First target reached
Comment:
second target reached
Trade closed: target reached:
closed target reached