The only winner of this strong headwind: $EOS

31 Oca 2018

I think EOSUSD hit the (short term) bottom yesterday and will be in an uptrend till it sees a price level around/above $26.

As can be seen on the chart, there are 2 different channels:

1. Blue trend lines: I think the short term target will be $16-$18.
2. Black trend lines: This is the mid-to-long-run target, which is above $26 (up to $32.)

Let's wait and see.

31 Oca 2018

Not

Look at the RSI: it is quite oversold and needs a strong impulse.

1 Şub 2018

Not

Please check 1H, 2H and 4H charts and you will see positive (bullish) divergence.

1 Şub 2018

Not

Is it a bear trap?