EOS
Panjang

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.

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.