EOS is about to turn overbought on its 1D technical outlook (RSI = 69.362, MACD = 0.013, ADX = 39.380) indicating a strong bullish momentum that shouldn't go away anytime soon as the 1W RSI is only neutral (RSI = 51.171). This is because just today it managed to cross over the 1D MA200 on a technical rebound that started at the bottom of the 1 year Channel Up. Essentially we've initiated the new bullish wave. Our estimate for the next HH and most likely Cycle peak is 1.500.
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investingscope.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.