EOS looking bullish in daily upwards trending Channel || 10$-11$
On the logarithmic chart EOS has followed its Channel since the 18th December 2018.
That could mean that the chance of getting supported by the lower upwards trending support line of the channel is smaller than in a younger channel.
Besides that, I think there is a good chance of getting supported by the Channel and the EMA-Ribbon on the Daily log Chart of EOS.
That would put the target at the top of the Channel, which would result in a price of about 10$-11$ ,if it takes the same time as other Cycles.
A stop could be placed under the EMA-Ribbon and the Channel.
That could mean that the chance of getting supported by the lower upwards trending support line of the channel is smaller than in a younger channel.
Besides that, I think there is a good chance of getting supported by the Channel and the EMA-Ribbon on the Daily log Chart of EOS.
That would put the target at the top of the Channel, which would result in a price of about 10$-11$ ,if it takes the same time as other Cycles.
A stop could be placed under the EMA-Ribbon and the Channel.
