If we plot the TRXUSD chart on the EOSUSD chart we can see a clear price similarity between the two. Logically enough since the two are direct competitors of each other. This price correlation is better seen on the daily chart but i've chosen to post the 4hour chart in order to zoom in on the upcoming breakout. This may or may not signal a breakout for EOS but the similarity seems promising.
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.