KMacUK

EOS Ascending Triangle on 4 HR

With the BTC price move a couple hours ago we have seen the markets revert back to green. The EOS price has remained fairly stable and kept above the support of around the $4.80 - $5 mark. The current formation on the 4HR leads me to believe this is an ascending triangle forming.

The project itself is also in the limelight at the moment, bypassing LTC's market cap to claim 5th on market cap.
Definitely a coin to watch out for as right now it lingers close to its ATH with an ascending triangle. I see this coin continuing its bullish momentum past this.
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.