EOS: Bullish or bearish?

2021年10月4日

Hi every one
EOS / TETHERUS


EOS is in a Bullish and a Bearish situation! as you can see In the First chart The Price is ranging in a Bearish Parallel Channel and There is also a Hidden Bearish Divergence (-HD) On MACD which suggest that the Bearish Channel is still reliable. The only thing we can Hope of is that the Price would fall to the Middle of the channel and than Does a Break out to reach the top of the channel! But on the other hand we can see a Great Bullish Pattern which is a falling Wedge Pattern! the Break out needed for this Pattern has happened so we can Expect a Good Bullish Movement To the Top of the wedge! so in summery we have a Bearish & Bullish signs on EOS. what do you think will happen in the Next Few days?


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Thank you for seeing idea .
Have a nice day and Good luck