EOS LONG ANALYSIS (EXPECT WEDGE BREAK SOON!)

EOS/USD

EOS has been stuck inside of a falling wedge and has been making its way over the 50 MA back up to the top of the wedge. The next target here is T1 at the 100 MA and right near the top of the wedge at $2.90. This is a critical point, as it is either break outside the wedge, and push onto to T2 and T3, or break back down to the low end back into support. If wedge is broken, look for a rise to T2 at 200 MA of $3.5 and then again on to T3 at $4.05. $4 is a another local resistance and a top point I would highly reconsider selling at IF 200 MA is broken. Again, if the wedge is NOT broken, look to close at T1 and reopen inside support at the green box.

Trade closed: target reached:

WIN!
EOS/USD Hit Target 1!

+6.23% Profit!

Comment:

WIN!
EOS/USD Hit Target 2!

+28.21% Profit!

Trade closed: target reached:

WIN!
EOS/USD Hit Target 3!

+48.35% Profit!