Everything is marked on chart! Please like and share. Thank you.
It seems we will have a breakout in EOS like my recent idea that published for Binance Coin.
Up to down analysis of time frames has too many benefits.You just need a couple of tools like fibo and trend lines which help us to find the price goals. just keep it simple ;)
1 more bag filling area left for me, I believe we might get there, If i'm right and we bounce from that broken base,this is gonna be a long journey, Risk management is the key as always Stay safe & Yolo
R/R: 2 If it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments also, you can ask me questions... Have a great day everyone!
4H CHART EXPLANATION: As we can see, price is facing the bottom of the Descending Wedge. If it bounce here we expect a short term bullish movement towards the Resistance Zone, but keep in mind that the main trend still bearish as explained on the Daily Chart. It will be just a corrective movement to continue the Bearish trend. You can check on related ideas how...
looking at the Day chart we see that we finally broke above the descending trendline on May 11th.. Short term outlook: too stay bullish in the short term(days). we must stay moving upward inside the inner trendline within the forming Bullish Flag.. Long Term outlook: as long as we stay inside of this forming Bullish Flag we are still bullish