EOSUSD ❕ ascending wedge
Price formed an upward wedge on a correction after a decline.
The wedge was formed on declining volumes.
RSI and EOS formed a bearish divergence (1H TF)
Price has broken down 50EMA (30m TF)
I expect the EOS to start declining after it has consolidated under the resistance level.
The wedge was formed on declining volumes.
RSI and EOS formed a bearish divergence (1H TF)
Price has broken down 50EMA (30m TF)
I expect the EOS to start declining after it has consolidated under the resistance level.
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