EOSUSD; Tweezer Bottom
Hello Fellow Traders,
It looks like we have a tweezer bottom pattern on the weekly chart. The candlesticks all line up nice and neat around 5 dollars for the last 6 weeks. There has also been a fair amount of accumulation. Furthermore, there is Bullish reversal divergence (RSI made a lower low but the price did not.
These are my opinions.
Good luck and have fun!
It looks like we have a tweezer bottom pattern on the weekly chart. The candlesticks all line up nice and neat around 5 dollars for the last 6 weeks. There has also been a fair amount of accumulation. Furthermore, there is Bullish reversal divergence (RSI made a lower low but the price did not.
These are my opinions.
Good luck and have fun!
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