My 2 cents. not an advice!
I see 3 patterns forming.
1: ABC
2. Symmetrical triangle ABCDE
3. Cup and handle
On EOS/BTC I see also these 3 patterns, except there the symmetrical triangle is a descending triangle.
Therefore I think there is some probability to see the price goes through the Triangle, and on E dive down to complete C of ABC which will also complete the cup and handle!!!!
Another thing I am thinking is: this rally was about 40 days long... So 1 week correction seems very reasonable imo.
Anyway, this is NOT an advice or anything of that sort. I am just uploading my 2 cents and would like to hear the community's thoughts on this.
IMO it will be amazing if all 3 patterns will work toegether as suggested above. A descending triangle (on EOS/BTC, and a Symmetrical triangle on EOS/USD) goes down on E, the ABC completes and the cup and handle completes, then EOS goes to the space station.
1: ABC
2. Symmetrical triangle ABCDE
3. Cup and handle
On EOS/BTC I see also these 3 patterns, except there the symmetrical triangle is a descending triangle.
Therefore I think there is some probability to see the price goes through the Triangle, and on E dive down to complete C of ABC which will also complete the cup and handle!!!!
Another thing I am thinking is: this rally was about 40 days long... So 1 week correction seems very reasonable imo.
Anyway, this is NOT an advice or anything of that sort. I am just uploading my 2 cents and would like to hear the community's thoughts on this.
IMO it will be amazing if all 3 patterns will work toegether as suggested above. A descending triangle (on EOS/BTC, and a Symmetrical triangle on EOS/USD) goes down on E, the ABC completes and the cup and handle completes, then EOS goes to the space station.
Publications connexes
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.
Publications connexes
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.