On June 2nd, EOS log resistance was broken and an uptrend was confirmed with the move to 15.60 USD. The subsequent correction to 12.80 USD, wave 2, allows us to forecast price targets for this rally. Using the fib extension tool, the target price for EOS is 22.55 USD.
Once certain resistance levels are broken -- specifically 15.52 USD and 17.66 USD (based on Ichimoku S/R levels) -- it's important to place stop losses to protect your profits.
Happy hunting.
Once certain resistance levels are broken -- specifically 15.52 USD and 17.66 USD (based on Ichimoku S/R levels) -- it's important to place stop losses to protect your profits.
Happy hunting.