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AM.98
Apr 12, 2021 8:12 AM

Eos Ascending Triangle Will Get Us To New Highs Long

BYBIT:EOSUSD240

Description

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Hello everyone, if you like the idea, you can support with a like and a follow.

On the chart we are seeing an Ascending Triangle formation a simple setup.

With a successful break of the resistance the target is 8.30 $

It's important to see the trend line that is acting as a support to hold for a bullish continuation.

Don't forget to protect yourself with proper Risk Management.

Information provided is only educational and should not be used to take action in the market !

Feel free to ask anything in the comments or send me a message !

Thank you for reading my post, have a great day !

Trade closed: target reached

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Trend AnalysisChart PatternsFundamental AnalysisEOSeosusdteosusdtechnicalanalysisCryptocurrencycryptocryptocurrenciescryptosignalscryptoanalysis
Comments
officialhosseinesharifi
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Will it reach $ 8 in the short term? And the next question is then $ 8 returns to its previous state or climbs
AM.98
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@officialhosseinesharifi, After reaching the target we can expect a pullback for sure, especially in eos it likes to make big dips after such upward moves.
Helical_Trades
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Waiting for new ideas ;(
AM.98
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@Helical_Trades, :)
Karzon
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Nice analysis. Thanks foryour idea.
AM.98
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@Karzon, Thanks!
Jeams_stonis
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That's a good idea
AM.98
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@Jeams_stonis, Thanks!
YMGroup
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Nice chart
AM.98
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@YMGroup, Thanks!
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