EOS
Long

EOS in bull flag - new rally

Volume has increased substantially since my last analysis and clear that enthusiasm has shifted. EOS met the last target and surpassed it. Currently in a bull flag formation and has also cooled off —back within the bollanger bands.

New major resistance is at around $5.00 and will be the new target.

Must stay above trendline otherwise eos will fall to the moving averages which are catching up. Bitcoin too will be heading towards $55,000 so there is plenty of time to rally.

Trend Analysis

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