Long
EOS/BTC TA Update (Broke Bullish?)

EOS/BTC
EOS broke outside the falling wedge pattern but looking a bit extended, I expect the price to consolidate above key support area at 0.5 Fib level.
We could see some minor pullback to retest the 12 & 26 EMAs to confirm as new support before potentially continue its uptrend up to the 3800 - 4000 regions.
EOS broke outside the falling wedge pattern but looking a bit extended, I expect the price to consolidate above key support area at 0.5 Fib level.
We could see some minor pullback to retest the 12 & 26 EMAs to confirm as new support before potentially continue its uptrend up to the 3800 - 4000 regions.
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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.