REKTCryptoTrader

EOS - Bullish Symmetrical Triangle Breakout [EOSBTC]

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BITFINEX:EOSBTC   EOS / Bitcoin
EOS and other large cap alts are starting to look promising. The symmetrical triangle already broke to the upside and momentum is starting to pick up.
If buyers can take out the most recent high around 8900, I think we're up for more.
Good first take-profit targets could be around the 1 and 1.618 trend-based fib extension, which is around 0.001 Sats ($7.17) and 0.0012 Sats ($8.76).
As always, every move right now is still tied to BTC. If Bitcoin takes a dump, so will Altcoins.
Have a nice day!

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