In my previous analysis 
i posted 2 possible scenarios: i was more bear than bull on eos so i shorted and closed with a small profit. I closed because i see here a better opportunity to short.
Ichimoku and MA are bullish in h4, but MFI and squeeze momentum are forming bearish divergences.
What i expect? I think that eos/btc could reach 4300 area in 3 days (23-24 september), then could drop.
My first target for the short is 3800-3600.
I will update if will reach 4300 in the next days.
As always, alts movements depend on btc!
Ichimoku and MA are bullish in h4, but MFI and squeeze momentum are forming bearish divergences.
What i expect? I think that eos/btc could reach 4300 area in 3 days (23-24 september), then could drop.
My first target for the short is 3800-3600.
I will update if will reach 4300 in the next days.
As always, alts movements depend on btc!
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Related publications
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.