drgorogbalazs

EOSETH Kraken 13Sep2017 – RSI bullish divergence – buy - long

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BITFINEX:EOSETH   EOS / Ethereum
4H chart - EOS hits the bottom against ETH. Shortly we may be seeing a double-bottom confirming bullish reversal. RSI shows bullish divergence. Candles may cross the Ichimoku cloud upwards and so we may have confirmation of buying opportunity in the long term. Profits can be taken at different resistance levels and even swing trading can be an option to further cumulate EOS for the long run. I expect zones of resistance: 0.0048-0.0049; 0.006-0.0062; 0.0087; 0.012; 0.0175 with monitoring trend movements thoroughly around these levels.
What do you think? Please note these are my personal thoughts on potential price movement – please trade carefully!

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