Altcoins update: EOS, Dash
Assuming Bitcoin completes the Triangle and breaks out, we have a couple of lucrative setups in alts.
According to NewsBTC, EOS's market valuation has surpassed that of SpaceX, which means this rocket flies higher. Indeed, its recent surge is terrific, and I'm looking for new trading opportunities here. Inverse H&S pattern is developing, so we have a buy zone around 17.50 (buy the dip strategy) and the neckline zone @19.40 (Breakout strategy). The latter is safer to trade.
I'm also considering going long Dash, as a clear Triangle pattern is nearing completion:
According to NewsBTC, EOS's market valuation has surpassed that of SpaceX, which means this rocket flies higher. Indeed, its recent surge is terrific, and I'm looking for new trading opportunities here. Inverse H&S pattern is developing, so we have a buy zone around 17.50 (buy the dip strategy) and the neckline zone @19.40 (Breakout strategy). The latter is safer to trade.
I'm also considering going long Dash, as a clear Triangle pattern is nearing completion:
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