Eos Breaking out on the H4 Chart

15 nov

Eos is currently breaking out to the upside of a H4 bull flag/ bull pennant formation. The rsi is 58 at time of publishing. Target for the long is the 1.618 extension or better of the previous high swing low. The H4 50 sma is running along support and is a good indicator that this area is the bottom of the tokens range.

Not financial advice. Do your own DD.

Thanks for viewing the idea.