🍿 $EIGEN / USDT - Price analysis:
Prices remain pretty bearish on the daily basis, but this is a very oversell area on the weekly basis!
In my opinion, a big bull reversal could be see during the coming day's / week!
I don't think that's another bearish flag as the last daily candle closed shown reversal signs already.
In my opinion that's an ascending channel, and we should see a bullish move toward the 50% fib daily (magnet resistance) at/around 1.400 - 1.450$ next!
⚠️Of course, Monitor the daily downtrend to confirm or infirm a stronger breakout!
💡All importants levels [S/R] are in my charts!
📈Bullish setup in my [H1 view].
