InvestingScope
Short

H&S completed. Resuming the downtrend.

BITFINEX:EOSUSD   EOS / Dollar
EOS completed a Head and Shoulders pattern on 1D ( RSI = 40.635, MACD = -0.166, STOCH = 50.955), and after a new Lower High at 5.5570, can now resume the technical downtrend on the 1W Channel Down (Highs/Lows = -1.1197, B/BP = -3.3836). Our short targets are intact: TP = 3.8925 and 1.6921 in extension (the latter will be updated what approach is best to follow).
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The time is now to see if your pattern down or my pattern up is what happens!
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Again... thanks for the update!
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@COINLIFE, You are welcome. Let's see if the 4H Channel Down holds.
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But, this is currently at a major support right? So, where do you think will it land if it breaks this
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got the same
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if prices break 4.5$ . untill this time market still bullish target 6.2
.2
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@almiftahdz, Thank you for view. Every idea is welcome.
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almiftahdz InvestingScope
@InvestingScope, h&s is complete only if the price breaks the neck .daily candle must close uder 4.5$ .if not eos will goes up
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COINLIFE almiftahdz
@almiftahdz, are we still on the same path?
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almiftahdz COINLIFE
@COINLIFE, eos form a flag pattern if the price breaks 5.76 than target is 6.4 i will sell at this point and waiting for correction .my stop loose 5.6
.do ur own analyse
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