EOSUSD: Analysis using Ichimoku 04/07/2020

H4
On D1, the cloud is directing downward, indicating a downtrend. The price also reached a downtrend line.
Conclusion:
Locally, we recommend selling when the RSI reaches an oversold level on the H4.

H1
At H4, the cloud is directing upward, indicating an uptrend. A divergence has formed between the price and the RSI indicator.
Conclusion:
Locally, we recommend selling when the RSI reaches an overbought level on the H1.