EOS / Bitcoin
Long

EOS vs Bitcoin Weekly | 200% to 330% Potential

What a beautiful early start to the weekend... With the cryptocurrency market starting to turn green.

EOS is one of the classic Altcoins projects and a "safe-bet" for the long-term.

Here we are looking at it vs Bitcoin and we see solid growth potential.

We have a perfect falling wedge pattern which is always bullish.

This falling wedge pattern ended in a low June 2022.
In early November we have a higher low and new bullish signals are starting to develop.

We have a bullish divergence between EOSBTC and the RSI.
We also see prices moving above EMA10 this week.

The USDT pair is also/already going bullish.
Bitcoin is sure to grow.

We see an easy 50% target on this chart setup.
We see 200% possible mid-term.

It can go even higher and hit a total of 330%.

It seems that June we will mark the bottom for this Altcoin; we will see.

Thank you for reading.

Namaste.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.