I have been watching EOS since it was forming an interesting bearish triangle pattern.
At my surprise it broke out to the upside with a really huge candle, indeed this kind of pattern is usually bearish.
The correction that followed the move is a good thing for buyers, they can see if the upper side of the triangle that acted as resistance can now become support, in fact I would be waiting for a re-test of that area before believing the coin to turn bullish.
At my surprise it broke out to the upside with a really huge candle, indeed this kind of pattern is usually bearish.
The correction that followed the move is a good thing for buyers, they can see if the upper side of the triangle that acted as resistance can now become support, in fact I would be waiting for a re-test of that area before believing the coin to turn bullish.
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I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/