EOS,BTC,ETH and LTC correlated chart
PAIR: ALL IN USD
An immediate flash pump to the up side, a correlated chart pattern moved into the cloud. This chart pattern should have been a bearish pennat flag pattern with a down ward move, but NOTE:
Price trend Can be any direction leading to the chart pattern.
Shape looks like a short symmetrical triangle.Prices move between two converging trendlines.
The flagpole which leads to the pennant should be unusually steep and last several days.
Volume trend Downward trend 88% of the time.
THE MOST IMPORTANT PART IS THE BREAKOUT
Breakout Upward 61% of the time and downward 39% of the time.
Cloud resistance broken(POSSIBLE EDGE TO EDGE TRADE). PROBABLY MANIPULATION BY BOT..
possible targets are:
BTCUSD - $6927USD
ETHUSD - $533USD
LTCUSD - $106USD
BCHUSD - $981USD
EOSUSD - $12USD
Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.