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Top and Bottom Analysis +4hs Trade idea on EOS by ThinkingAntsOk

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EOS (BITFINEX:EOSUSD)  
ThinkingAntsOk  
BITFINEX:EOSUSD   EOS
Trend Analysis Support and Resistance Multiple Time Frame Analysis EOS crypto EOSUSD BTC short shortsetup
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trendanalysis supportandresistance mtfa eos crypto eosusd btc short shortsetup
On this post, we have made a full analysis on 3 timeframes of EOS and we developed a trade idea that is not confirmed yet, but we will wait for that formation

Let's start on the Daily Chart:
a)The ascending trendline was broken
b)Currently, the price is below a Support / Resistance zone
c)We can see a Flag pattern against the Broken trendline and the Resistance Zone
d)Flag patterns are considered continuation structures

Now let's take a look to the Weekly Chart
snapshot

Trade Idea on 4hs, this is what we will be waiting for, before taking a short setup
snapshot


Penafian

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