Here we have the Binance instrument EOSBULLUSDT (EOSBULL), which is a 3X Long on EOS Token, let's take a look at the chart.
First, we can notice the ascending triangle which we also saw on GXSBTC. This pattern can lead to a bullish break.
The RSI is strong and the MACD allows for bullish action. We also have a "V shaped" bottom with high volume... These signals are pointing to the bulls taking the lead.
All the targets and support levels are marked on the chart.
Remember to have a plan/strategy (know what you are doing) before you trade.
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