The Daily View for EOS

• Currently, EOS’s price is up $0.01 (1.19%) from the day prior.
• EOS has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls.
• From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
• The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

EOS’s hourly price chart is shown below.

The Daily View for EOS

• At the moment, EOS’s price is up $0.02 (1.9%) from the day prior.
• This is the 3rd day in a row EOS has seen its price head up.
• If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe.
• Regarding moving averages, it should first be noted that price has crossed the 20 day moving average, resulting in them so that price is now turning above it. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
• Divergence between EOS’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in EOS’s price.

Below is a daily price chart of EOS.

Featured EOS Idea From TradingView

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Hi Traders,This is my view for this week on:- SPX500- NAS100- DAX- NZDUSD- GOLD- EURJPYI remind you that this is only a forecast based on what current data are.Therefore the following signal will be activated only if specific rules are strictly respected.If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the mar…

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