EOS BTC reversal signs - New cycle starting ?
Hi,
This could look like a cycle bottom.
- Bouncing on previous cycle low after a fakeout down & reclaim.
- Price making a W on the weekly timeframe.
For the first time in 4 years, EOS could be primed to outperform BTC.
This is a weekly setup. It could take months to develop.
Lines marked "M" are monthly S/R and can be used as TP prices.
This is a macro view Idea based on the seasonnality of major altcoins.
I use the EOS/BTC chart to decide when to start looking for a trade on EOS. I'll then look for an entry on the EOS/USD pair.
Cheers, Safe trading !
This could look like a cycle bottom.
- Bouncing on previous cycle low after a fakeout down & reclaim.
- Price making a W on the weekly timeframe.
For the first time in 4 years, EOS could be primed to outperform BTC.
This is a weekly setup. It could take months to develop.
Lines marked "M" are monthly S/R and can be used as TP prices.
This is a macro view Idea based on the seasonnality of major altcoins.
I use the EOS/BTC chart to decide when to start looking for a trade on EOS. I'll then look for an entry on the EOS/USD pair.
Cheers, Safe trading !
Dagangan aktif
USD Pair looks interesting too.One scenario that could happen :
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.