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DrJLT
2018年2月17日下午1點55分

EOSUSD ascending triangle, to wait for EOSBTC touching .618x 看多

EOS / DollarBitfinex

描述

Today I had an epiphany: to understand EOSUSD we must look at EOSBTC & EOSETH together.

EOSBTC is having a classic cup & handle (to accelerate before bouncing hard):


Meanwhile, ETHBTC is correcting before the next jump:


In this context, I think my previous post about an ascending triangle may just be right.

While the current pattern could potentially be read as a rising wedge (which has the opposite connotation), I think against the broader context it should be the ascending triangle.

I made a YouTube video that I'll be uploading in an hour to explain in more words.
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