Long

EOS Looks like Future Moon

Updated

I think it can surprise more. Looks like Another drop will take us to our entry zone of 8-9€.
Long term target 21-22€
Hold this one for a while.

Could possibly go to 24...

Note

Looks to be breaking out already, if we go above the next resistance we could see another wave up already, keeping my eyes on the 12.10 level

Note

Looks like it got stopped out at the resistance i mentioned in above post, 12.10.
Let's see if it goes down now so i can get my entry.

Note

It actually looks (just eyeing) that we have a sloping resistance from the previous hig thats also interacting with the horizontal resistance, so it's a confluence. This means I'm certain we will see a rejection here and a lower price again.

Note

Update, still same view for me until we break the resistance, looks like ascending wedge (bearish) pattern is completing

Note

Just want to point out that my entry will be 8.6-8.7€, this is where i will go long and hodl this for a while.

Good luck

Note

Price fell out as i expected, here is the current Outlook

Note

Update #2 i expect EOS to have this formation

Note

Entry point lower triangle, hold! Target 14€ short term

Note

More likely that we will see a bit lower prices at this point, eyeying the 7 area

Note

Projection based on curret data

Note

EOS fractals in USD chart

Note

ethhunter

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.