YMI
Long

EOS Medium-Term Analysis

BITFINEX:EOSUSD   EOS / Dollar
EOS is currently breaking out of the Daily pennant pattern and up 8% in the current session.
It is still early, but if the daily candle on EOS closes above the $4 level I believe a continuation higher is in store over the next few weeks.
I will be targeting the $4.75 and $5 levels initially, with a possible continuation into the $5.50 region from there.
I believe the current bullish pop came from the Weiss annual ratings, so go check that out if you havent seen it already!
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