Bulls managed to push the price towards 23% of Fib. starting from the highest level this year - 14.48. there traders collected some good profits following the uptrend from 3.20. The price has made a correction to the main support level at 5. Following the history of the chart, we can see the price bounces back up from this support every time since the beginning of the trend. Since EOS is traded above this support, the trend is not over yet. Buyers are expected to enter here around this zone - 5-4.85 and push for the next target 7.50. The idea gets invalid if we see a close below 4.53 on 4h chart.
Trade closed: stop reached
