EOS EOS/USD Final Squiggles setting up completion of decline amd Turn around UP expected soon

in #money7 years ago

Here is latest chart on EOS:

EOSUSD May-17 2133 PM 2 hour.png

and the zoomed in 1 hr chart:

EOSUSD May-17 2135 PM (1 hour).png

In this blog post yesterday May 16th,
https://steemit.com/money/@phisight/eosusd-eos-usd-final-stages-of-decline-a-bullish-move-up-coming-soon

I had presented these charts:

2 hour
EOSUSD_May-16 2353 PM (2 hour).png

1 hour
EOSUSD_May-16 2353 PM (1 hour).png

The decline seems to be progressing as expected, and is likely reaching its final stages as indicated by the positive divergences in RSI and MACD. Seems a turn up is close at hand. Fingers crossed!

Hope this analysis was/is/will be helpful!

Note: you can right-click and open charts in new tab to see them at full size -- they are quite large and clear.

Thank you!.png