Possible pennant formation. Not 100% convincing. Already gone up a lot recently so if you want to buy now for long be careful. But I am hopeful for it to go up much higher and managed to buy back bit lower after profit taking during last run so I will be holding for long.
EOS trying to breakthrough the $2 psychological barrier and if breaks up will move much higher very quickly. This is what I think. Let's see what happens.
If breaks that strong support line it is likely to go even lower. I do not short Crypto but I still haven't bought back in NEO and wiull be waiting until it plays out. The very little was left after profit taking I have converted to EOS.
Power Ledger Ascending Triangle pattern.
Looks like a Falling wedge to me which is a bullish pattern if it breaks out of the top line. I am ignoring the FUD sell off by China News down to $2900 which was rejected by the market. This is just a test and speculative analysis. I am no expert and still trying to learn. Please comment and enlighten me what you think. Any comment is appreciated. I see everyone...
Falling wedge in 12h chart. Ignoring the FUD sell due to China news which was rejected by the market straight away.