BITFINEX:EOSUSD is showing the signs of upward movement. RSI has moved back above 30. Advance/Decline line is making higher highs despite the candlestick chart making lower lows. So it is a buy signal.
Entry point: 13.5
Stop loss: 11.5
Profit Target 1: 20
Profit Target 2: 26

For a conservative entry, wait for the MACD to move above 0.


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