ferinointi

EOS/BTC oversold and bears in full control.. possible big bounce

BITFINEX:EOSBTC   EOS / Bitcoin
EOS over sould on the dayli chart ( not yet in the weekly I think bulls are waiting till RSI gets to 40) but bulls dont want to show yet. Next big support is at 0.0010 btc and a very possible bounce ist to happen soon if support lever is riched. Gains would be about 18% and I think an inverted head and shoulder pattern would form if EOS bounces from this support level . I am gonna play that pattern start buying oversold at 0,00105 till 0,0010 btc and start selling at 0,0012 till 0.0013 rebuying when comes down forming the right shoulder. If the pattern forms we cound come to 0.0015 btc or higher in the next 3 weeks.
I like to keep the TA simple!

Fell free to send some tip is some could make some gains with my TA or you thing is useful. Motivates to keep posting ideas.
EOS: geztembwg4ge
ETH:0xCe4DEa3E589A15672a5FefEf7D4d9d502d1803Ba
BTC:1DVFscZn8DmfryeJzHRuhjtTNZKEKxbn8p

Comments

Dont forget to put stop lost orders if you play the run. Allways protect your invests!
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