Congratulations Traders!! Right now, I would like to start with the result of our previous analysis: we reached our First Target and we gained an upside of 16.64%. Let's keep this up and don't forget to read Today's EOS Analysis.
EOS remains in a lateral movement fluctuating between a resistance line of $14.65 and a support line of $13.84. If the candlestick breaks out the resistance line, we will take a LONG position to reach our 1st Target at $15.50 (10.71%) and maybe the price will reach our 2nd Target at $16.30 (16.04%). If the candlestick breaks out our support line, we will take a SHORT position and wait for the price to hit 1st Target at $12.81 (8.57%) or the price might as well hit 2nd Target at $11.86 (15.28%).
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