Hello, traders!
After the rapid upward movement, EOS went into correction and consolidated in the range of $4.42-4.94.
Consequently, we can expect the continuation of growth after the exit of consolidation and begin the purchases.
Entry into the position can be considered between the levels of $4.80-4.94
Stop Loss shall be placed at $4.50
By Fibonacci extension levels based on the trend, the targets would be:
$5.32
$5.89
$6.46
$7.02
P.S. This is not a piece of financial advice but only trade I would be following myself
After the rapid upward movement, EOS went into correction and consolidated in the range of $4.42-4.94.
Consequently, we can expect the continuation of growth after the exit of consolidation and begin the purchases.
Entry into the position can be considered between the levels of $4.80-4.94
Stop Loss shall be placed at $4.50
By Fibonacci extension levels based on the trend, the targets would be:
$5.32
$5.89
$6.46
$7.02
P.S. This is not a piece of financial advice but only trade I would be following myself