johntradingwick

EOS - MOVING UPWARDS in Parallel Channel.!

Long
johntradingwick Updated   
EOS had a good rebound from $12. Looking good in short term. It broke out of the downtrend line which was formed on 10 May. It must break out the old downtrend line (which it formed while falling from $23) to resume uptrend with full swing.

Next Possible targets: $16-$17.

Zoomed out version:

P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.

Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!

Good luck trading.!
Peace.

Comment:
We could be running into some trouble here. BTC is falling and so do the altcoins. BTC needs to gain its upward momentum for further increase, else we might have to close too.


Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.