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Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend behavior, stochastic rsi showing momentum temporarily in favor of bulls. EOS currently testing our dynamic and horizontal resistance, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price has been stuck in consolidation for the last week, stochastic rsi showing momentum in favor of bears. A daily close below 84700 and expect EOS price to sell off towards 74000, however if we get a daily close above 88700 expect price to push towards 125000
Conclusion
- Buy: After Daily Close Above 88700
- Sell: Nooo
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
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