EOS (EOS/BTC) + BTC/ETH/LTC Technical Analysis!

in #cryptocurrency8 years ago (edited)


Youtube:

EOS Update .png

EOS D.png

Daily

Looking at our trend timeframe we see price respecting our up trend, only to double top @ 230000 and 200000 satoshis. Price looks to remain bearish, next major support zone @ 135000. Stochastic RSI showing momentum is bearish. Waiting for a bounce off 135000 ora daily close above 180000

EOS 4.png

4Hour

Shifting over to our pattern timeframe we see price has broke towards the downside and formed a lower high, expecting price to remain bearish if we don’t get a break and close above 180000 on the 4hour, momentum remains bearish as well.

Link To Chart

Conclusion

  • Buy: Waiting for a bounce off 135000 / a 4 hour close above 180000
  • Sell: Not in 2018

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