EOS is showing signs it may break the $10 barrier very soon. It looks like it's currently on it's 3rd wave. Once this finishes, I expect a small pull back before resuming it's rise above $10. The path may look like this:
For this count to remain valid, we need to see volume increase.
Looking at the RSI, there's a clear resistance line at approximately 68.4. If EOS is going to reach the $10.40 target, this resistance must be broken. It has been tested multiple times and briefly penetrated once.
Bias:
I'm neutral to bullish on EOS in the short term. We may see a slight pull back, but I expect it to resume it's rise as long as volume remains strong. I'm very bullish long term.
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