(EOS)Technical chart analysis on EOS

It's been only few hours the new decentralised OS EOS tokens came live on kraken exchange the pair started from less than $1 and high price traded at $6 and now the market took some correction and we have moving average holding the support at $4 and on the fibonacci extension market just bounced from to 38.2% fib ratio it is clear that now we only going up from here at least the price will hit $50 end of this month or may be more because EOS has lot of positive hopes for the investors to get in.