EOSLong
EOSUSD Falling wedge+ Bull Flag
Hi Everyone,
As you ca see from the chart, EOS is clearly on falling wedge and is at near support of the bull flag.
The RSI has little more room to go down to complete 5th wave and the MACD aligns with it.
We can see little more downtrend around 5.8-6.3. A good buy opportunity to go long on it.
Anything below 5.8 will invalids this pattern.
As you ca see from the chart, EOS is clearly on falling wedge and is at near support of the bull flag.
The RSI has little more room to go down to complete 5th wave and the MACD aligns with it.
We can see little more downtrend around 5.8-6.3. A good buy opportunity to go long on it.
Anything below 5.8 will invalids this pattern.
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.