- Bouncing on previous cycle low after a fakeout down & reclaim. - Price making a W on the weekly timeframe.
For the first time in 4 years, EOS could be primed to outperform BTC. This is a weekly setup. It could take months to develop.
Lines marked "M" are monthly S/R and can be used as TP prices.
This is a macro view Idea based on the seasonnality of major altcoins. I use the EOS/BTC chart to decide when to start looking for a trade on EOS. I'll then look for an entry on the EOS/USD pair.