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Jan 6, 2021 11:11 AM

$EOS/BTC 12h (Binance Spot) Descending channel breakout Long

EOS / BitcoinBinance

Description

Eos seems to be bottomed here, we'd rather start building a position!

Current Price= 0.0000876
Buy Entry= 0.0000880 - 0.0000808
Take Profit= 0.0000992 | 0.0001160 | 0.0001464
Stop Loss= 0.0000693

Risk/Reward= 1:1 | 1:2.14 | 1:4.19
Expected Profit= +17.54% | +37.44% | +73.46%
Possible Loss= -17.54%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 720h

Trade active

First entry filled and bounced

Eos reaction was so fast, first target was missed by 10 sats, that was close!
Anyway, I really think it will go up again and for higher targets too 🤞🏼

Comment

After almost TP1, almost SL then back up to entry

Eos dipped more than expected but luckily I updated Stop Loss to 0.0000693 on time.
Chart is looking even better now so let's not give up on it and be patient, I just doubled the gain-time!

Trade closed: target reached

TP1 with +17.54% (1x) and 0.98R

About time Eos reaches target, now it's likely to continue bullish!

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