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Cryptonym_Real
Apr 17, 2018 4:18 PM

$EOS channeling in bullish flag on 30 mins #Altcoins 

EOS / DollarBitfinex

Description

Could be attempting breakout. I'm still quite bearish on this since the spike was purely off the news of an airdrop which is now over and people will look to cash in soon. Also longs are at a high, which could create a stop loss breakdown

Comment

I'm gonna revise this to an bullish pennant. It's not a bull flag at all. However, since the pennant is a continuation pattern, we could see another leg up in the short term. Resistance levels would $9.0729, $9.$9.25 and $9.568
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