EOSUSD : symmetrical triangle vs. double top
EOSUSD has a good signal for the upward market.
But at the same time, it looks like it has a bearish chart pattern also.
In case of the successful completion of the symmetrical triangle, EOSUSD might reachs to its 0.618(USD 9.1) near its 200MA.
But in case of the confirmation of the possible double top pattern, EOS might falls down to USD 1.
At this phase it would be a very ridiculous thought but who knows.
We can wait for the confirmation of the triangle.
Good luck.
But at the same time, it looks like it has a bearish chart pattern also.
In case of the successful completion of the symmetrical triangle, EOSUSD might reachs to its 0.618(USD 9.1) near its 200MA.
But in case of the confirmation of the possible double top pattern, EOS might falls down to USD 1.
At this phase it would be a very ridiculous thought but who knows.
We can wait for the confirmation of the triangle.
Good luck.
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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.
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.