if US Dow tanks, and EOS breaks successfully to upside of the triangle, there is a nice profit to be made from this crypto currency. Because this is a symmetrical triangle, there is nice possibility of downward breakout. So, watch out.
As I mentioned before, if US Dow tanks, people will rush to crypto currencies. Litecoin is ready for reversal.
As I explained in my previous idea, I believe if US equities end their bullish run, people will rush to alternative safe havens like silver and crypto. Silver is ready for reversal in prices with 9 weeks of H&S bottom reversal patterns. There is also 4+ years Double Bottom Reversal Pattern on the monthly chart.
This Idea is first of many ideas I will be publishing. As you may already know, there is a market sentiment that a very long bull market in US equities is over. Analysts are predicting that a new bearish market cycle may start very soon. Because of these analysis, I believe DAX Germany has completed the reversal pattern ten days ago. As a result of this pattern...
waiting for breakout