Potential short-term bullish butterfly in EOS calls for ~7% drop

22 มิ.ย. 2018

I'm still long on EOS in the long-term, but very short-term and possibly medium term bearish. The bottom of the potential butterfly pattern would form a medium-term double bottom if price reverses at point D.

The green zone is my "ideal accumulation zone" from past analysis linked to in "related ideas" - an zone I suspect is quite possible after the hype of the airdrops dies off.

This bullish butterfly follows the longer-term bullish bat formation that I pointed in my recent YouTube video (88xxiTbKdMg), point A of the butterfly just barely meeting conservative target B of the bat pattern.