ethhunter

EOS Looks like Future Moon

Long
ethhunter Updated   
BITFINEX:EOSEUR   None
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...
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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
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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.
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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.
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Update, still same view for me until we break the resistance, looks like ascending wedge (bearish) pattern is completing
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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
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Price fell out as i expected, here is the current Outlook
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Update #2 i expect EOS to have this formation
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Entry point lower triangle, hold! Target 14€ short term
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More likely that we will see a bit lower prices at this point, eyeying the 7 area
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Projection based on curret data
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EOS fractals in USD chart
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