Eos has had a great month with loads of volume, and lots of hype behind the project. But trying to avoid bull bias I notice that there is some RSI divergence on the last two big dips. This is a sign of weakness. The bounce off recent lows was strong but hasn’t lasted. Expect a retest of the recent lows this week.
Keep an eye on this weeks pivot points for finding a stop loss that corelated with structure. Add a little risk if necessary to keep initial position size. Watch for fundamentals.
Keep an eye on this weeks pivot points for finding a stop loss that corelated with structure. Add a little risk if necessary to keep initial position size. Watch for fundamentals.