EOS/USD shows a few bullish signals on the weekly chart.
On 12/24/18, an initial entry signal was printed which seems to have indicated the change in overall market structure.
This was followed by a bullish moving average cross around 1/21/19.
The market is currently trending higher and showing strength according to the ADX indicator.
With support around the price of $6.00, we seem to be currently retesting the midline (0) cross and looking for continuation to the upside.
On 12/24/18, an initial entry signal was printed which seems to have indicated the change in overall market structure.
This was followed by a bullish moving average cross around 1/21/19.
The market is currently trending higher and showing strength according to the ADX indicator.
With support around the price of $6.00, we seem to be currently retesting the midline (0) cross and looking for continuation to the upside.