EOS made a violent bearish 1D candle last week to touch 5.000 but was not enough to break the Triangle pattern on 1D, which is still neutral on RSI = 49.583, ADX = 19.173, Williams = -48.590, CCI = -11.4980, Highs/Lows = 0.0000. This prolonged consolidation is gradually turning the bearish 1W trend (RSI = 44.209, MACD = -0.879, B/BP = -1.6696) to neutral (Highs/Lows = 0.0000, STOCHRSI = 52.210) as the Triangle is metrically considered a long term support. A Lower Low is needed now below 5.000 to break the pattern and start forming a new Channel Down. Our long term TP on EOSUSD set is intact = 3.8925 and 1.6921 in extension.
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Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
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