Crypto Charters TA
EOSBTC Daily - resistance at 72k sats and yellow fib circle. Could form double top breakout if yellow fib breached. Good support at bottom blue trendline https://www.tradingview.com/chart/OmUH1fqA/
EOSBTC Daily bfx - resistance coming up at 140k sats (326% fib circle). Might see some support around 90k-100k sats if necessary
https://www.tradingview.com/chart/OmUH1fqA/
https://www.tradingview.com/chart/OmUH1fqA/
Possible reversal if we can hold above 10.7k, if not previous post is valid
daily RSI nearing 30, all stochs full reset, daily 200MA around 8.5k, 61.8% fib at 8.7k, 3day EMA uncrossed, trendline from 1.8k-3k intact- more than 50% discount from ATH
So far very similar action like July and September, notice MACD 0-line matching up with the zone breakouts, this is a very simple and effective trend following indicator. "Technically" this is no trend till we clearly break the upper band of the range, because of the volatility expansion on the dump there usually follows a few waves of aftershock after which the market flattens. You can see this clearly in the two previous consolidation periods.
https://www.tradingview.com/x/xzDmC4Fa/
https://www.tradingview.com/x/xzDmC4Fa/