🔥 EOS Bullish Volatility: New Target

Around a week ago I made an analysis on EOS. I argued that this gradual move upward will inevitably lead to a strong volatile move upward.

As seen on the chart, EOS saw a rather big move upward as of late, bursting through the two areas of resistance I marked on the last chart.

Looking at EOS now, the $5.4 support is currently the main support which has to hold. Might very well be the case for EOS to touch $5.4 again before moving up again.

First major area of resistance is the area ranging from $6.8 to $7.4, which can be reached in the coming week as long as BTC remains relatively bullish.

Happy trading!