Description
⋅ What a beautiful early start to the weekend... With the cryptocurrency market starting to turn green.
EOS is one of the classic Altcoins projects and a "safe-bet" for the long-term.
Here we are looking at it vs Bitcoin and we see solid growth potential.
We have a perfect falling wedge pattern which is always bullish.
This falling wedge pattern ended in a low June 2022.
In early November we have a higher low and new bullish signals are starting to develop.
We have a bullish divergence between EOSBTC and the RSI.
We also see prices moving above EMA10 this week.
The USDT pair is also/already going bullish.
Bitcoin is sure to grow.
We see an easy 50% target on this chart setup.
We see 200% possible mid-term.
It can go even higher and hit a total of 330%.
It seems that June we will mark the bottom for this Altcoin; we will see.
Thank you for reading.
Namaste.