*** I'm a new trader. Please only use this as a sounding board for your own ideas and not as trading advice. Any feedback welcome! ***
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EOS seems to be bouncing off the 0.618 fib on the EOS/USD pair - signs of a reversal from the movement on the downside today.
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EOS has broken descending resistance. I originally thought this was a descending triangle and expected more movement down but I think it's better described now as a rounded bottom, with the lows getting progressively higher as they went down.
EOS has broken descending resistance. I originally thought this was a descending triangle and expected more movement down but I think it's better described now as a rounded bottom, with the lows getting progressively higher as they went down.
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EOS/USD (Curvature of lows)
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Update: Bull trap on EOS?
