EOS status before main net launch
>Slightly bullish biased because of main net launch but bitcoin price actions seems to be in control of the total market movements.
>EOS support at $11.5 to $12 still holding that's between my Fib level at 0.236 and 0.382 (it was a good floor for buying opportunity and stop loss at $10.2)
>Looking for a retest of the resistance trend line (thick blue), and hopefully a breakout afterwards if it keeps on making a higher low
>RSI is also making a higher low but Stoch Rsi is still at the top in this 4hr chart (I think still not a good time to buy i'll wait for it to go down first)
>if the price keeps on making a higher high and break the blue trend line in a convincing way before the main net launch its a good sign for a break out
*Reminde;
This is not a financial advise
Do your own research
>EOS support at $11.5 to $12 still holding that's between my Fib level at 0.236 and 0.382 (it was a good floor for buying opportunity and stop loss at $10.2)
>Looking for a retest of the resistance trend line (thick blue), and hopefully a breakout afterwards if it keeps on making a higher low
>RSI is also making a higher low but Stoch Rsi is still at the top in this 4hr chart (I think still not a good time to buy i'll wait for it to go down first)
>if the price keeps on making a higher high and break the blue trend line in a convincing way before the main net launch its a good sign for a break out
*Reminde;
This is not a financial advise
Do your own research
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