EOS: Consolidation Tightening & Swing Trade Entry
Here are many examples of BNB consolidating in a Bull Flag patterns and then breaking out to the upside.
BNB/USD has been setting up a great looking Bull Flag for weeks. The biggest EQ pattern we’ve seen in it’s short time listed on exchanges. Historically, these patterns break to the upside (often in an inverse correlation to BTC). If BTC is another false breakout, I see BNB breaking upwards. Even if BTC acts strong, BNB could perform well.
BNB/USD has been setting up a great looking Bull Flag for weeks. The biggest EQ pattern we’ve seen in it’s short time listed on exchanges. Historically, these patterns break to the upside (often in an inverse correlation to BTC). If BTC is another false breakout, I see BNB breaking upwards. Even if BTC acts strong, BNB could perform well.
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EDIT- BNB not EOS* Apologies for the confusion!