Long
EOS/BTC: Cup & Handle finished, impulse waves to profit next!
The chart of EOS is looking beautiful. I noticed a *long long long* cup and handle which EOS formed. IF this is a cup and handle which played out, impulse waves to new higher highs & beyond are next. With the upcoming mainnet release of EOS and all the airdrops that come with it, I wouldn't be surprised if we smash the previous ATH.
The lowest low of the handle is supported by 1 longterm support, a fib line and the downward trendline of the Handle. These big supports are the reason I think EOS completed the Handle and is now up for big gains!
Trade with caution! BTC is very shake and is currently at around 8600, but COULD drop below 8k (which I think won't happen anymore, but I am just an amateur TA :), so take my words with a big bag of salt).
The lowest low of the handle is supported by 1 longterm support, a fib line and the downward trendline of the Handle. These big supports are the reason I think EOS completed the Handle and is now up for big gains!
Trade with caution! BTC is very shake and is currently at around 8600, but COULD drop below 8k (which I think won't happen anymore, but I am just an amateur TA :), so take my words with a big bag of salt).
Nota
The first impulse waves will have its own 5 waves up. Small wave 2 downwards after a pretty big wave 1 upwards. After wave 2, wave 3 will take the price back upwards. Also, BTC took a slight hit and may be slowly climbing back up. With the upcoming gains, people will FOMO because they know the MAINNET RELEASE of EOS is coming soon. Stay patient!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.