EOS Double Bottom in the making

If we see a bull flag form the coming hours as you can see on the right, than it will become very likely that it makes another jump up, with a target around 7.0ish. The flag really needs to hold, otherwise it can become another lower high.

Similar a bit to btc staying above the 7750ish and form a bull flag as well. There are more alts that have a similar shape as this one.

Kommentar:

For the ones still in it. Still can't say if there is more potential or not than the target of the double bottom. For the ones who consider it as a day trade, i would take at least partial profit. I don't like the fact that it's taking time before reaching the target. Usually with a double bottom it goes much faster. Or use the low we just made as a stop if you don't want to get out now but still want to protect profits. I don't think there is a bad play here. Only bad thing you could do, is letting it become a loss