In my experience, Falling and Rising wedges eventually give out to higher and lower prices. But the responses are muted and only short term. A lot of people were looking at a resistance that we just broke, and while it was valid, and that's the reason we see the flag now, I'm not sure how much more EOS can go up before it goes back down for a third time.
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.