It seems the bears may have been exhausted on this one,with some very nice Higher lows occurring on the MACD and RSI Indicating a Bullish Divergence,aswell as this Eos seems to be lining up nicely into an upwards channel.
Most defiantly a test in minor resistance,wether or not we break through the minor resistance onto major resistance is unlikely within a month.but considering the sideways direction of btc we should see alot of smart money flowing into these dips,increasing volume gradually.
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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.