I see two possible scenarios for EOS at this point:
Either it breaks out the bullish pennant & double its gain since building the upward trend, or it corrects downwards to $3-5. The market is quite unpredictable at the moment because bitcoin seems to have strong influence on all other assets.
Either it breaks out the bullish pennant & double its gain since building the upward trend, or it corrects downwards to $3-5. The market is quite unpredictable at the moment because bitcoin seems to have strong influence on all other assets.
Comment:
Seems like it's 2. Depending on how deep bitcoin goes, it could drop to 3 or 5. Not guaranteed of course. This is my personal opinion, not investment advice.
Comment:
Seems like ultimately EOS decided to break out the bullish pennant after all.
