EOS in a Ascending Continuation Channel
On the EOSBTC Daily chart with EOSUSD comparison overlay.
EOS is firmly in a ascending channel on the daily, which hasn't been broken from the top or bottom trendline.
- Ascending channel indicates a higher intensity of buying.
The RSI continuously shows EOS likes to stay above the 50 RSI.
- An upward trend is confirmed when the RSI crosses above 50.
EOS is firmly in a ascending channel on the daily, which hasn't been broken from the top or bottom trendline.
- Ascending channel indicates a higher intensity of buying.
The RSI continuously shows EOS likes to stay above the 50 RSI.
- An upward trend is confirmed when the RSI crosses above 50.
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