Charting gives routes of possible path that currency, stock, commodity, ETFs or indices may take. Today we try to dissect the USD and BTC pattern of EOS. Depending on your appetite and risk management I believe these patterns are worthy of attention. Certainly this isn't financial advice but my perspectives base on my observation. Thus I would not give specific points of entry or exist but speak broadly on the topic and the general pattern I expect would be seen.

Possible Cup with Handle Formation on EOS/USD

With this chart I have refrained from establishing specifics but capture the essence of the pattern. From the graph above we can notice that upon launch EOS/USD experience a bullish upward projection that peak around 4.80USD range and thereafter pullback. We all can appreciate the upward projection resulted from heavy volume that gradually decline as it experience the pullback. We can also appreciate a period of consolidation forming a bowl-shaped pattern or the bottom of the cup. We then notice volume increasing around the 6 of November that resulted in a continuation of the upward trend up until now.
What I expect is a continuation of that upward trend towards the 4.60 - 5.40 followed by slight pullback which would result in an increase volume that would continue the upward price increase. Expecting USD price of between 6.00 and 15.00 base on supply for the next 3 to 7 months.

Possible Rounding bottom formation on EOS/BTC

BTC has been King for the last couple months, but we can see from the graph that EOS has seen its good days in July that followed up with a pullback and consolidation. One can also appreciate the increase volume of November resulted in minor but steady gain in BTC.
From my perspective this rounding bottom or saucer pattern signals a valid reversal chart pattern representing consolidation period that turns it from bearish bias towards a bullish bias.

Perspectives on EOS base on the graphs and possible future valuation

Probably the question that one can ask, is $1,830,334,630 USD valuation and $3.57 USD justified and can we expect further increase? To answer these question we have to look at some of the objectives of EOS.

EOS is often seen as the Ethereum killer offering elimination of transaction fees and scalability. Presently high transaction cost and bad throughput are Ethereum weaknesses. Interestingly the ICO bull this year has shown Ethereum continuous struggle with scalability.

EOS is aiming to eliminate cost and offer faster transaction for anyone willing to explore blockchain base application and projects. There is a lot more to EOS that you can read up on but I just tried to highlight these factors to give us some perspective. Now if we continue along the line of a blockchain future and EOS turns out to be successful with Ethereum present valuation of $44,515,087,905 USD one can definitely entertain the thought of an EOS 40+Billion valuation.

Keep an eye on the Charts because they are starting to tell a story and if EOS turns out to be a success, there can be many chapters of success if you are on the right side of the trade

Sources

https://coinmarketcap.com/currencies/ethereum/
https://coinmarketcap.com/currencies/eos/