AlanSantana

EOS vs Bitcoin Weekly | 200% to 330% Potential

לונג
BITFINEX:EOSBTC   EOS / Bitcoin
What a beautiful early start to the weekend... With the cryptocurrency market starting to turn green.

EOS is one of the classic Altcoins projects and a "safe-bet" for the long-term.

Here we are looking at it vs Bitcoin and we see solid growth potential.

We have a perfect falling wedge pattern which is always bullish.

This falling wedge pattern ended in a low June 2022.
In early November we have a higher low and new bullish signals are starting to develop.

We have a bullish divergence between EOSBTC and the RSI.
We also see prices moving above EMA10 this week.

The USDT pair is also/already going bullish.
Bitcoin is sure to grow.

We see an easy 50% target on this chart setup.
We see 200% possible mid-term.

It can go even higher and hit a total of 330%.

It seems that June we will mark the bottom for this Altcoin; we will see.

Thank you for reading.

Namaste.

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