Trading pair EOS/BTC. Approximate development of events in the near future.

Hello, gentlemen..

While bitcoin is hovering at $5000+ levels, we will continue to consider the popular altcoins.
Today we have a token EOS.

"Bitfinex", timeframe 1 day

At this time, the exchange chart of EOS shows us that in the next two months the price of the token will grow within the "ascending narrowing wedge" limited by lines 2 and 3. Line 3 is a local support line.
Closer to the end of the pattern (2,3), after reaching the price level 0.00132 BTC+/-, the price will fall, but not below the main support line 1

I just want to add that the EOC price, like any other altcoin, depends heavily on the state of bitcoin. The BTC price is now in limbo and the further direction of bitcoin movement is not clear now. If the price of bitcoin in the coming weeks will rise sharply to the level of $6000, the price of the altcoins can also change, both in the smaller and larger side. For EOS, the growth of BTC will give an additional incentive for growth. In this case, the price of the coin will quickly break the line 2 and on the wave of hype will strive to the level of 0.0014 BTC, followed by a rebound down.

Today, the EOS coin is one of the most promising for long-term investments.

Good luck!

The @upvoteinvest team

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