EOS has bounced on the trendline and support zone multiple times already BUT hasn't been able to properly leave this supply zone in the rear-view mirror. Any breakout above would need Bitcoin cooperation but RSI is trying to retest resistance and breakout while the MACD is slowly down its descent and trying to head higher.
Currently finding resistance at both EMAs and needs to close above here to have another go at the supply level around $6.
Proceed with caution as BTC is starting to look weak.
Thanks guys!
Currently finding resistance at both EMAs and needs to close above here to have another go at the supply level around $6.
Proceed with caution as BTC is starting to look weak.
Thanks guys!