EOSUSD; Forming Potential Pennant on top of support

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A two month symmetrical triangle has been forming in this one and notable above major support zone which has been touched on a number of occasions since Dec '17, The more times is touched, the more important it below. And if a basing pattern forms and breaks out to the upside, this has bullish implications.

A close outside of the pennant boundary is required for confirmation but the target price would be at ~8.65. A close below the pennant would obviously be of bearish implications.

EOSBTC also looks to be forming a pennant but would need to be analysed separately.

EOSUSD; Forming Potential Pennant on top of support | Ecency