![Screen Shot 2018-06-15 at 6.20.45 PM.png](https://cdn.steemitimages.com/DQmbr6sL1CCknNr63LcQhWD4G9CE1R6p5iKrebioH73BGUj/Screen%20Shot%202018-06-15%20at%206.20.45%20PM.png)
### EOS is consolidating within a wedge. I believe a larger move is coming within the next 8 hours. 
![Screen Shot 2018-07-29 at 7.08.52 PM.png](https://cdn.steemitimages.com/DQmYkeCEZcRHgaqRfRyHzzdqWKBYHw84gYjZr9XeabsmnK1/Screen%20Shot%202018-07-29%20at%207.08.52%20PM.png)
### Looking at the 1 day RSI, we can see it’s also consolidating within a wedge. A break above would indicate a major win for the bulls, and possibly lead to a retesting of the all important $9.45 resistance. 
![Screen Shot 2018-07-29 at 7.09.44 PM.png](https://cdn.steemitimages.com/DQmNfWwgc5AYshAH2xvFvuZTvHpibn9ZuysCKJWJGvQtRnG/Screen%20Shot%202018-07-29%20at%207.09.44%20PM.png)
### Looking at the 4 hour chart, we can see the Bollinger bands are tightening as the EMA’s and MA’s are squeezing against each other. Volume is dropping. This all indicates a larger move is looming. 
![Screen Shot 2018-07-29 at 7.12.23 PM.png](https://cdn.steemitimages.com/DQmf76RWrVTA39npP3dCaDb4gaAhEUayB9cA7PZh5kYpcEr/Screen%20Shot%202018-07-29%20at%207.12.23%20PM.png)
### In todays video I discuss what a breakout might look like, as well as possible traps to look for and avoid. 
### Watch my video analysis for MUCH more detail not found above. If you’re not watching my videos, you’re only getting half the story. 
### *If you’re viewing this on a site other than Steemit, and you don’t see the below video, navigate to Steemit in order to watch.*
## Video Analysis:
https://youtu.be/P35OLmCF3yU
**BIAS:**
**Short Term: Neutral**
**Longterm: Bullish**

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*

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