EBST - eBoost and a confluence of trend lines
I haven't posted in a while as I really don't think this is a trade market at the moment. However, I noticed a confluence of trend lines on the eBoost daily chart I thought was worth mentioning because it may signify the completion of a much larger pattern. Plus in a paralyzed market, your lower volume coins (to put it nicely) tend to spike and eBoost is no exception. Looking at the chart, we can see the price curving as it approaches support and it may have hit the bottom boundary of its triangular pattern. Bullish divergence can be seen on the MACD. It's the same divergence it has had before all its previous pumps. I'm not particular bullish on any alts at the moment, but this caught my eye because of its potential and how quickly the price can move.
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.