cyatophilum

EOS Broke and Instant Corrected

BINANCE:EOSUSDT   EOS / TetherUS
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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 .
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