Its already moved alot this morning and on a eos/btc basis is already at all time highs with a blue sky breakout.
4hr bullish macd crossover in effect and hourly volume looks solid. The green line shows us just breaking first resistance and the curved lines I drew represent a bullish head and shoulder reversal pattern. RSI is still not close to over bought on longer frames. May way to scale in due to high rsi on shorter time frames.
Remember this is the "Ethereum Killer". Possible ETH profits going into this one. I dont do much for fundamentalsBITFINEX:EOSUSD but you can watch one of Ivan On Techs videos on youtube to understand the fundamentals more. Link here =youtu.be/QxKqKVsLYLA
@PeterTrubetskoy, Im really liking the price action. Former resistance has turned into support. My focus has shifted to bch since we broke 6hr higher lows. Will post on that soon
bcampbell32
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@PeterTrubetskoy, clarification, Still holding EOS full position. Didnt sell any for bch, just added to bch.