Savvythe1

EOS Midterm trade 229% profit plus long trade

Long
BINANCE:EOSUSDT   EOS / TetherUS
Mi term and long term trade set ups for EOS.

Buying now would not be a bad idea, the price action has already popped out of the falling wedge consolidation pattern which is a continuation pattern. If we are going up and we break out of a continuation pattern to the upside you should consider the most likely price targets will be in the same direction of the over all trend.

In this chart I have charted a mid term falling wedge pattern bringing the price to $12.51 and a longer term trade of a rounded bottom to the price target of $28.60. The mid term target will be hit between 1-3 weeks, the long term target will be hit between 2-5 months.

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