EOS mixed Signals

Here we can see a rising wedge (bearish pattern) and a pennant (bullish pattern).
Trading volume is very low as well volatility (ATR).

We can see here that 3.0943 is a local horizontal resistance. There where 3 failed attempts to cross resistance.

If there is a 4th retest it has a higher chance of following the rising wedge pattern which could lead us into a small drop.

Now still keep in mind that there is still high chances of bullish formation happening. Entry only after confirmation is important.


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