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Cyrnix
Feb 1, 2020 3:39 AM

EOSBTC Ascending Triangle Long

EOS / BitcoinBinance

Description

As the title suggests, BINANCE:EOSBTC is looking like an ascending Triangle. There is some overhead resistance at 4800, but should it blast through it should push into the 5000 OB area. Pattern is invalidated below 4200, there is the chance it creates a larger pattern, but I don't foresee that should this triangle break bearish. You can buy at CMP with a stop below 4200 or buy the breakout.

Comment

Broke out. Starting to gain some momentum. Moving up with BTC.

Comment

Potentially getting parabolic on EOS. It has a ways to go before it really launches if this is the case. Note that the curve is always just a guess of sorts. Also sorry for the double comment below... just woke up lol

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Looking pretty stellar right now. Coming into the first tp area soon. I've marked my obvious targets with yellow horizontal rays. If you look at my XLM chart it looks like EOS only a couple months behind.
Comments
Cyrnix
Potentially getting parabolic on EOS. It has a ways to go before it really launches if this is the case. Note that the curve is always just a guess of sorts.
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