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Tolberti
Aug 30, 2021 5:27 AM

EOS EOSUSD - Rounding bottom + NEW ATH soon! Long

EOS / DollarBitfinex

Description

- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish .
- After a rectangle consolidaton, the price started with an Impulse Elliott wave .
- First target 1:1 / below all time high.
- RSI is ready and volume favors bulls.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Comments
kthemels
The first target is 22$ and will be ATH?
Tolberti
@kthemels, Yeah first target all time high, and then we will see...
No-wonder
Nice! i also see the long term down trend break out. $69 will be your next target?
Tolberti
@No-wonder, Yeah the second target.
Mihai_Iacob
Great chart,thanks for sharing
Tolberti
@OptimoomFX, Sure, you are welcome.
Tolberti
Post your questions, comments and related ideas about EOS here. I look forward to your comments!
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