Binance: EOSBTC 1H timeframe
We are seeing some very bullish momentum for EOS, and now we are forming Flag pattern, so we are waiting for breakout to continue this bullish trend and momentum!
As u can see on RSI, we are in having good support around 50 RSI. I'm thinking that we will now touch again for the third time upper trend Flag line. After that we will again going down to 50 RSI and after that we can expect bounce up and breakout!
Also when u look on Stock RSI, he is oversold, so we can expect that he is preparing for breakout!
ATH is at 13425, and that is past resistance in the same time. I'm expecting that we can breakout that price, and my target will be somewhere under 15000 with around 29% profit.
If u don't wanna be too greedy, u can take ur profit somewhere under resistance (13425), around 13395 with 16% profit.
Good luck!
We are seeing some very bullish momentum for EOS, and now we are forming Flag pattern, so we are waiting for breakout to continue this bullish trend and momentum!
As u can see on RSI, we are in having good support around 50 RSI. I'm thinking that we will now touch again for the third time upper trend Flag line. After that we will again going down to 50 RSI and after that we can expect bounce up and breakout!
Also when u look on Stock RSI, he is oversold, so we can expect that he is preparing for breakout!
ATH is at 13425, and that is past resistance in the same time. I'm expecting that we can breakout that price, and my target will be somewhere under 15000 with around 29% profit.
If u don't wanna be too greedy, u can take ur profit somewhere under resistance (13425), around 13395 with 16% profit.
Good luck!