EOS USD | Bullish Butterfly | Spring Back Test Of Spring

Hey what's up everyone, EOS is looking insane right now. The stage is certainly set for much higher prices and these are some of the lowest risk levels. I mean just look at the picture of the weekly chart I included, you have a major inflection zone that goes all the way back to 2018. These are levels that buyers historically defend, I want everyone to notice the orange arrow I put on the weekly chart of the spring back test of spring that happened in January 2019. After the successful back test of spring the asset appreciated almost 300% in 119 days. Well it just did the exact same thing. Now look at the illustrations I made on the 1st picture, after it broke the zone it made the lowest low of the correction and then rallied and made a higher high than the previous local high and then it sells off and makes a higher low than the previous low while back testing the inflection zone confirming accumulation hence the "spring back test of spring". The sell off and higher low after the rally is what's important guys, that development is major trend reversal type stuff. So many other coins did very similar stuff but didn't make a higher high on the rally and made the same low on the sell off. This is an awesome trade setup that is also extremely educational. Again, this could all fail if bitcoin collapses but If you take trades with these variables you will be a very successful trader! Targets are as followed $3.87, $4.70, and $5.48

Ps. The daily hidden bullish divergence on both the MACD & RSI is starting to playout implying price action continuation to the upside. The daily RSI rejected the bearish control zone twice and just got back to 60 in the bullish control zone which is exactly what we want to see. Oscillators look great and primed for much higher prices.

Much Love Just.IN
EOSUSD