siavoshie

Parabolic EOS?

Long
after busrting toward cup and handle target in just one day, EOS is consolidating and moving toward historical broken resistance (now support?!) at highlighted green area. the chart seems totally parabolic in weekly time frame and there's a chance the new upcoming weekly candle only touches the new support and head back toward new ATHs in upcoming weeks.
this is personal idea and should not be considered as signal or anything.
wish everyone happy trading.
siavosh.
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