So, did a TA on the D for EOS/USD,
The last days, the Dojji's seem to be linging up, got almost a bearish tweezer...
Guess bearish it was and still is.
Though increasing volume, price doesn't seem to break the trendline and is touching resistance all the time.
You know what that means, watch out bulls, bears are incoming, you can fight, but you'll run :)
So selling volume is still overpowering buying volume, pushing the price in a pattern.
We've been on a support for the last five'ish days.
To me it seems a matter of time till we fall back in the lower channel, between 3.5 and 5.3.
So for completion, I'm not a financial advisor, I will not take any accountability for any losses on your behalf.
Otherwise, happy hunting.
AndyN
The last days, the Dojji's seem to be linging up, got almost a bearish tweezer...
Guess bearish it was and still is.
Though increasing volume, price doesn't seem to break the trendline and is touching resistance all the time.
You know what that means, watch out bulls, bears are incoming, you can fight, but you'll run :)
So selling volume is still overpowering buying volume, pushing the price in a pattern.
We've been on a support for the last five'ish days.
To me it seems a matter of time till we fall back in the lower channel, between 3.5 and 5.3.
So for completion, I'm not a financial advisor, I will not take any accountability for any losses on your behalf.
Otherwise, happy hunting.
AndyN