EOS Price Watch: Bulls Getting Back on Their Feet

EOS Price Key HighlightsEOS price appears to be forming a double bottom on its 4-hour time frame, signaling that the downtrend may be over.
Price has also formed slightly higher lows to mark the start of an ascending channel on its 4-hour time frame.
However, technical indicators are still reflecting the presence of selling pressure.EOS price is showing some bullish hints with a rising channel and double bottom, but technical indicators suggest otherwise.
Technical Indicators Signals
The 100 SMA