#EOSUSD is making a bullish ascending triangle formation, in the 4h period. Because it is on a upper trend, we can expect a breakout upwards. To open a position, we have to wait the breakout and a possible re-test. This is not a financial advice.
Your theory was very good. I liked it. I just entered the market and I have a question for you. Will it reach $ 8 this week?
And for my friend's answer: it takes a lot of time for a hundred dollars
SammyDirt
⋅
@officialhosseinesharifi, I mean it is kinda up to bitcoin. If the triangle formation works as i expected then it will reach $ 8+ easily in a week (max. 10 days). But as i said bitcoin has a big effect on altcoins and it drags them downwards while dumping. So, all we need is enough volume and patience :)
ethanemig
⋅
nice chart, i have seen some people saying it is on it's way to $100 soon, do you think that could be possible? And if so when?
SammyDirt
⋅
@ethanemig, well of course there is a possibility for that but i can't say a exact time. But i am sure it won't happen soon :)
And for my friend's answer: it takes a lot of time for a hundred dollars