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EOS at lower line of falling wedge

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EOS is above lower line of lower zone of long term falling wedge pattern.

🐮 holding the lower line of wedge as support will increase price to resistance zone around $1.2.
and breaking out from this zone will head up price to upper line of wedge that is the same with resistance zone around $1.6.

🐮🐮 as you know if break out from upper line it will increase as high as the height of pattern.

🐻 breaking down from descending support will invalid this analysis.

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