Maximilian108

EOS/BTC reversal

Long
BITFINEX:EOSBTC   EOS / Bitcoin
EOS has broken out of falling wedge and is looking to retrace.

Major fib lines mark targets.

Not Financial Advice
Comment:
EOS has fallen back inside the wedge. Lets see how it will hold up against the trend lines of the parallel channel. Watching eth as an indicator for alts.

Eth needs to close I H&S for bullish action to confirm across the board.
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.