It looks like EOS is coming close to breaking out of a massive descending triangle.
There's a smaller descending triangle EOS is about to break out first, which will put it up by 140%.
The second massive descending triangle would be putting it up by around 1400%!
Currently it sit's closely on a support level around 0.00015619 and is likely to break out of the first smaller triangle within 1 - 3 more bars ( weeks ).
A breakout of the smaller descending triangle will automatically lead to a push above the resistance line of the second massive descending triangle which was previously touched 4 times already.
The RSI shows EOS currently in an oversold area, so it looks like a good entry point as well.
There's a smaller descending triangle EOS is about to break out first, which will put it up by 140%.
The second massive descending triangle would be putting it up by around 1400%!
Currently it sit's closely on a support level around 0.00015619 and is likely to break out of the first smaller triangle within 1 - 3 more bars ( weeks ).
A breakout of the smaller descending triangle will automatically lead to a push above the resistance line of the second massive descending triangle which was previously touched 4 times already.
The RSI shows EOS currently in an oversold area, so it looks like a good entry point as well.
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.
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.