EOS price analysis and forecast (Wednesday, July 11th): Signal of bullish reversal

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The descending trend is weakening, EOS price is expected to experience a recovery

During July 11th, EOS moved in a pretty narrow range around the level of 7.0429. On chart D1, the tug of war between bear force and bull force seems to settle down and the market is converging to one point.

EOS, EOS price analysis, EOS price forecast

EOS chart D1

The three latest candlesticks on chart H4 (including the current one) are tending to form the Three Inside Up pattern. We should wait for more signals from the current candlestick and if it turns out to be a green one, the bullish reversal is confirmed.

EOS, EOS price analysis, EOS price forecast

EOS chart H4

Written by nami.today

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