few reasons to have EOS in our portfolio for a few next weeks
as you can see EOS is at its finest place to buy ( if BTC doesn't shit the bed of course ) for multiple reasons :
1 . EOS just touched ascending trend line( shown with green line ) that acted as a support line for a good long time ( almost 2 years ) .
2 . EOS reached a static support area that used to be a resistance area ( shown by horizontal white area ) .
3 . almost all of reliable indicators and oscillators are showing improvement signs for EOS price ( R% is making a nice bottom level , STOCHASTIC and STOCHASTIC RSI are trying to say something good about EOS price )
4 . MONEY FLOW INDEX is riding on a beautiful ascending line .
5 . there are two bullish divergences on 4h time frame ( on RSI and MFI )
besides all of these reasons we should be careful about BTC so it would be a good idea to be mindful about BTC
and also you can see alt coins market cap a.k.a TOTAL 2 in below . the market cap is moving on a crucial ascending trend line which works as a support line . if market cap be successful about staying above this green line i could be more confident about my analysis .
1 . EOS just touched ascending trend line( shown with green line ) that acted as a support line for a good long time ( almost 2 years ) .
2 . EOS reached a static support area that used to be a resistance area ( shown by horizontal white area ) .
3 . almost all of reliable indicators and oscillators are showing improvement signs for EOS price ( R% is making a nice bottom level , STOCHASTIC and STOCHASTIC RSI are trying to say something good about EOS price )
besides all of these reasons we should be careful about BTC so it would be a good idea to be mindful about BTC
and also you can see alt coins market cap a.k.a TOTAL 2 in below . the market cap is moving on a crucial ascending trend line which works as a support line . if market cap be successful about staying above this green line i could be more confident about my analysis .