EOSLong
EOS Incoming Uptrend
This tentative analysis need confirmtion: the trend is close to support line and Fibo level. Incoming reversal is encouraged by bullish divergence visible on MACD. If reversal is confirmed we should see an uptrend according to Fibo levels. Confirmation could be provided when trend should pass the orange downtrend line.
General market trend (bitcoin) to be also monitored to confirm the analysis.
General market trend (bitcoin) to be also monitored to confirm the analysis.
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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.