EOSUSD is showing the signs of upward movement. RSI[8] has moved back above 30. Advance/Decline line is making higher highs despite the candlestick chart making lower lows. So it is a buy signal.Entry point: 13.5
Stop loss: 11.5
Profit Target 1: 20
Profit Target 2: 26
For a conservative entry, wait for the MACD to move above 0.
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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.