EOS is in a strong uptrend at the moment because of that patterns as the W are higly probable to be profitable.
We found strong resistance at 0.236 fib in our first hit and now we are on the neckline (5.685$) of the W pattern waiting to see a break.
W patterns have a tendency to break, make a run and crash down to liquadate a lot of people and after that continue higher. Because of that proper risk managment and position managment are a must.
First Target: 6.5$ Second Target: 6.750$
Indicators: (RSI,SRSI,CIDI) The upside momentum of the indicators are strong and bullish for the moment.
Don't forget to protect yourself with proper Risk Management also the information provided is only educational.
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