EOSUSD looking for bottom, time to ladder in
EOSUSD is currently looking for a bottom and I have begun laddering in using and will continue to double down as price continues to fall, possible to 3.8 which is where my current stop is at.
4hr:
-Showing bullish divergence on the RSI
-Stucture is either a decending channel or wedge depending on how you draw it but either way this is the fifth touch and its time for a trend reversal.
-Looking for bounce into liquidity pool at 2.7-3.5
Daily
-In heavily oversold territory, meaning potential downside is limited but always ladder/DCA in your buys
Could continue down to 3.65 from current level, which is why we are laddering in right now.
4hr:
-Showing bullish divergence on the RSI
-Stucture is either a decending channel or wedge depending on how you draw it but either way this is the fifth touch and its time for a trend reversal.
-Looking for bounce into liquidity pool at 2.7-3.5
Daily
-In heavily oversold territory, meaning potential downside is limited but always ladder/DCA in your buys
Could continue down to 3.65 from current level, which is why we are laddering in right now.
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