EOS is a great coin with strong business logic and robust architecture. It has got good community support and being developed by very smart people. It has received some good pump recently but now we are looking at price correction. Without talking more let's get into the analysis...

Daily Chart - Triangle Formation

Possibilites

There are basically two paths it can follow once the triangle formation is completed. The one is to go in downtrend and which would bring it to a price of around $5 and forming Elliot Waves and the second one is bull and for that my target would be 1.618 retracement which is around $30. Personally I think the market is going to continue the Bull Trend but we need to be aware of the volatility of the market and keep a close eye on it. Always put a stop loss to bear small loss instead of a big one and going bankrupt. 

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@funnyman