Looks like EOS is forming a rising wedge. If it breaks we could easily test $1.4, if it breaks up we could be on for another run.
Comment:
Funny how you give two scenarios and the bloody thing just goes sideways.. To me it seems like we're just consolidating here. There is a lot of resistance in the green box. Right now the 6hr is looking pretty oversold. An oscillation on this time frame might give us the strength we need to push up and out of here. I'm adding to my position on the dips sub 1.88.