04-06-2018 05:26 via newsbtc.com

EOS Price Watch: Upside Triangle Break, Potential Retest

EOS Price Key HighlightsEOS broke out of that symmetrical triangle pattern previously highlighted to signal an uptrend.
Price has found resistance at 15.50, though, so a pullback might be needed to sustain the climb.
Applying the Fibonacci retracement tool on the latest swing low and high shows the potential support zones.EOS broke to the upside of its consolidation pattern and may show a quick pullback before resuming the climb.
Technical Indicators Signals
The 100 SMA is above the longer-term
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