EOSUSD:Analysis using Ichimoku 05/06/2020
H4
EOS price is trading above the Ichimoku cloud, indicating an uptrend and the possibility of buying at the cloud.
RSI is clearly overbought, and divergence is formed between the price and the oscillator.
Conclusion:
It is worth considering sales.
H1
The price broke through the rising channel and rise to the upside channel.
RSI at the overbought level.
Conclusion:
Great place to sell with stop loss at 2.9
Good luck!
EOS price is trading above the Ichimoku cloud, indicating an uptrend and the possibility of buying at the cloud.
RSI is clearly overbought, and divergence is formed between the price and the oscillator.
Conclusion:
It is worth considering sales.
H1
The price broke through the rising channel and rise to the upside channel.
RSI at the overbought level.
Conclusion:
Great place to sell with stop loss at 2.9
Good luck!
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