EOS UPDATE: Bull flag spotted...Uptrend should continue

EOS has had an amazing few days. It's currently correctly slightly, which is a very healthy sign. Looking at the bigger picture, we can see EOS has completed 5 waves and is currently in the middle of an ABC correction.

The RSI has also formed a strong ascending support line. Zooming in, we can see a very clear bull flag has formed.

This suggests wave A was complete and a break up to complete wave B should be expected. Looking at fib retracement, we can see wave A bounced off the 0.236 fib level with only a wick. This is a VERY bullish sign.

I fully expect EOS to continue its uptrend once this ABC correction completes.

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Disclaimer: I am NOT a financial advisor and this is NOT financial advice. Please always do your own research and invest responsibly.

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