EOSBTC trade ideas
eos/btc updateIn 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!
EOS long: next leg up pleaseEOS moved out of a larger accumulation period along with many other alt coins on pretty good volume. We've entered a nice uptrend with a series of higher highs and higher lows, and price is currently resting at the prior resistance level on low volume. I entered about half a position and will go harder if we start moving up and break the downtrend on big volume.
what is EOS doing?After dumping it seems like everything elsee went up except EOS. I thought EOS would be leading indicator, but not now.
However, I will stick with my plan buying eos slowly because we got more space to work on upside for eos.
Eos is about same level as other coins because it pumped first and then went up slowly when everything else got pumped.
if It doesn't go up in next 4 hours, then i will take a look at it again.