EOS on the move?
Looks like eos might be on the same move as ltc. On the day chart, we see that a wedge is forming. It can either go up or down (orange). Now if we look to the macd, we see that there already has been a divergence. It may or may not continue. The choice is up to you. But for me, I say I would wait to see a confirmation of a uptrend. Until then, keeping my money where it is.
So has eos bottomed out or near it? I believe that is is not. Eos still needs alot of correction before it hits it's bottom. So how come we can't attempt to find the bottom? Simply because there is not enough historical data. Eos practically just mooned. Until then.
As always, dyor and this is not a financial advise to buy, sell or trade recommendations. This is an educational TA.
So has eos bottomed out or near it? I believe that is is not. Eos still needs alot of correction before it hits it's bottom. So how come we can't attempt to find the bottom? Simply because there is not enough historical data. Eos practically just mooned. Until then.
As always, dyor and this is not a financial advise to buy, sell or trade recommendations. This is an educational TA.
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