thetradinghall

EOS is moonshoting

Long
EOS is behaving like there is no limit. The rise since its December low is a chain of impulsive rises and corrective pull back. There are some doubts about how many subwaves we have in the 3 green, but even in the case of less than we show there still need more sequences to complete the whole leg 3 green.
Short term, the purple upper line of its bull channel and 5.58 resistance may cool down a little bit the furry. A possible pull back to 4.8-5.1 may offer a good buying opportunity.

will share trading ideas with our community, improve your trading skills, benefit from live intraday technical analysis and strategies. Video sessions with TA teaching and concrete cases are on the agenda too.
Welcome bonus with a free trial
Link to the : Slack team

If you want a preview of our analyses,
follow us on Twitter
follow us on : Facebook
follow us on : LinkedIn

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.