EOS - Major bear flag if the price can't breakout
Diupdate
We have a yellow channel in the Weekly whose top is coinciding with a support line that is acting as resistance now, if this pattern plays out, the target appears to be the previous bottom where there is support. RSI is also reaching the midway mark where it was rejected previously
However, breaking above this zone would be very bullish
However, breaking above this zone would be very bullish
Komentar
What a fakeout. Fooled me also when price appeared to be breaking out of the red resistance zoneIt was just a wick and we are back in the channel. RSI resistance (blue line) also helped
Komentar
And its back in the channel
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