Long
EOS/BTC - ready for new uptrend cycle
I think that, EOS is very close or already bottomed out. I am tracking big ABC correction and in the last wave, we had a triangle and hit the target. Huge potential in EOS right now. I am already longing EOS, but you can wait, after we break this channel up, this should be confirmation, that trend shifted.
Note
Quick update: EOS/BTC is still below that key trendline if we get above that trendline impulsively with strong volume, then EOS will continue higher, but I can also see some sort of triangle, that would mean, that we will fall to 2500 satoshi and then we will see big bounce.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.