EOS: Resistance Breakout

Trade setup: Pullback in Uptrend. Following a bullish breakout from Descending Triangle and above 200-day moving average, price made another Higher High and is firmly in an Uptrend. Price broke above $1.25 resistance and could revisit $1.40 next. Price recently received a boost from Binance integration .

Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).

Support and Resistance: Nearest Support Zone is $1.15, then $1.00. The nearest Resistance Zone is $1.25, which it broke, then $1.40.


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