Possible EOS break to the upside

EOSUSDT

Stochastic is oversold at a convergence point. Current point of control (POC), 55 VMA and 200 SMA are all converging around 4.75. Expecting a break above 4.75 with confirmation with a close above the last higher high (HH) of 4.87.

Expecting $0.50 while risking no more than $0.15 (previous POC 4.68 and LL 4.66)
Trend Analysis

Disclaimer