I made a mistake yesterday posting my EOS/BTC chart from binance so just doing an update now with the H19 bitmex chart.
as perviously mentioned we had a double top on the 1hr chart and clear bearish divergence on the 4hr, shorts opened on the second touch.
We also found the short term uptrend break as well giving a second confirmation.
price trending down the path nicely now but expecting a small hold up here with potentially a small retrace to the 7850 area forming a small bear flag before dropping yet again.
will update this daily.
as perviously mentioned we had a double top on the 1hr chart and clear bearish divergence on the 4hr, shorts opened on the second touch.
We also found the short term uptrend break as well giving a second confirmation.
price trending down the path nicely now but expecting a small hold up here with potentially a small retrace to the 7850 area forming a small bear flag before dropping yet again.
will update this daily.
will post an updated chart shortly since this reaction