EOSLong
EOS; Bullish Ascending Triangle; $12 Here We Go!
EOS just is currently forming an extremely bullish ascending triangle. If the pattern completes, EOS could reach prices of $12 or more! According to the Elliott Wave count, EOS just completed wave 4 and is about to start another impulse wave up. Wave 4 was a 3-3-5 running flat ABC correction, and wave 3 happened to form a downward parallel channel (a.k.a bull flag when formed during a uptrend), which could indicate a bullish breakout soon.
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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.