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.
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.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
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.