EOS
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EOSUSD ascending triangle, to wait for EOSBTC touching .618x

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Today I had an epiphany: to understand EOSUSD we must look at EOSBTC & EOSETH together.

EOSBTC is having a classic cup & handle (to accelerate before bouncing hard):
EOSBTC cup & handle to 0.00085 -> 0.0021


Meanwhile, ETHBTC is correcting before the next jump:
ETHBTC close to correction target (0.084)


In this context, I think my previous post about an ascending triangle may just be right.

While the current pattern could potentially be read as a rising wedge (which has the opposite connotation), I think against the broader context it should be the ascending triangle.

I made a YouTube video that I'll be uploading in an hour to explain in more words.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.