EOS analysis

in #eos7 years ago

5F0EA3EF-F1A5-410F-8CD2-BE537A7985C5.jpeg

We have some positive indications of trend change on EOS.

You can see from the chart the following:

  • A break of the previous downtrend.
  • A rounded bottoming pattern coming into play.
  • Supporting volume for the up move as we come into previous resistance.
    -MACD going positive.

If we can clear this $0.85 range then establish a fresh base, we will have our first data point for confirming the trend change with a new higher low established.

Stay tuned!