EOSETH Nice bottom developing for a Bull setup ......
I think you are doing the chart wrong personally you started way too far back. is consider that small yellow candle @ 11-25 0.0422 and before all moot point. Also your top range is way too high. Top 1 should be @ 0.0110 then second top @ 0.0134. the overbought top you have currently hasnt help since. your profit target should be about 0.0130 max. It is currently forming a symmetrical triangle. As you can see the tops are trending downward ever since it hit its highest point.

Lower highs + Higher lows = symmertical triangle unless of course you have those + STOCHRSI & RSI indicating bull trends with oscillators.
DigitalData DigitalData
you can see it is being pinched down towards that corner. You are right though it most likely is going to pop upward. However a sym triangle is a lot more to be worried about than the setup you currently have. If I was to use your chart and bet big it would appear little to no risk. In a sym triangle you have at least medium/high risk esp with the current news!
chami2703 DigitalData
@DigitalData, Your comments are welcome. Thx bro.
DigitalData chami2703
@chami2703, No problem man. Like I said your overall on the right track just that top resistance line I think is too high. I only plot my main things on a 12 or 6 hour. The other tricky part is this coin hasnt been around long enough to use a day chart. A day chart usually you want a full year. I would re analyze via 12 hr or 6 hr :)
chami2703 DigitalData
Solid call. Eos is a sleeping giant. Whats the significance of the yellow candle? How do you configure it?
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