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Panjang

EOS; Bullish Ascending Triangle; $12 Here We Go!

BITFINEX:EOSUSD   EOS / Dollar
EOS just is currently forming an extremely bullish ascending triangle . If the pattern completes, EOS could reach prices of $12 or more! According to the Elliott Wave count, EOS just completed wave 4 and is about to start another impulse wave up. Wave 4 was a 3-3-5 running flat ABC correction, and wave 3 happened to form a downward parallel channel (a.k.a bull flag when formed during a uptrend), which could indicate a bullish breakout soon.

Great Call. Wish there was a Trailing Stop available for situations like this.
Balas
I like your analysis! We even have the same target price, must be a good sign :)

Balas
thank you sir for sharing. i have bought EOS as well! :)

ive also followed you on this trading view platform. 1 like!
+1 Balas
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