EOS had an amazing run yesterday and this morning - even before BTC spiked - and appears to be forming a pennant here on this large flag pole. Resistance was broken with very high volume.
The first target for this bullish rise is based on; the height of the flag pole which also happens to be the 50% fib at 11.26. The second target is the infamous 88% fib at $16.84. The third target if we can clear both of these is roughly $22.
Happy trading
The first target for this bullish rise is based on; the height of the flag pole which also happens to be the 50% fib at 11.26. The second target is the infamous 88% fib at $16.84. The third target if we can clear both of these is roughly $22.
Happy trading
Trade active:
target 1 cleared
Trade closed manually:
What a ride.
