롱

EOS: Falling Wedge Breakout

617
Trade setup: Bullish breakout from Falling Wedge pattern, above $0.60 resistance, could signal bullish trend reversal, with upside to $0.80 thereafter.

Patterns: Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.

Trend: Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.

Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).

Support and Resistance: Nearest Support Zone is $0.50. The nearest Resistance Zone is $0.60, which it broke, then $0.80, and $1.00.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.