EOS ANALYSIS:
EOS has been trending in a downward channel since breaking down from recent highs. The RSI is breaking down into an oversold territory as it flats out upon each drop showing signs of life of buyers coming back into play. There is an expected bounce coming in and long opportunity from the zone of 3300-3400 sats. This support has held very strongly in the past. Take profit targets are lasted at T1 of 3590 sats, T2 at 3720 sats, and T3 at 3848 sats. Major MAs are coming down, and could possible break back below 200MA. Therefore, take profit by T3 as it is the major line of resistance now.
Possible Entries: 3300-3400 sats
EOS has been trending in a downward channel since breaking down from recent highs. The RSI is breaking down into an oversold territory as it flats out upon each drop showing signs of life of buyers coming back into play. There is an expected bounce coming in and long opportunity from the zone of 3300-3400 sats. This support has held very strongly in the past. Take profit targets are lasted at T1 of 3590 sats, T2 at 3720 sats, and T3 at 3848 sats. Major MAs are coming down, and could possible break back below 200MA. Therefore, take profit by T3 as it is the major line of resistance now.
Possible Entries: 3300-3400 sats
Trade closed: target reached:
WIN!
EOS/BTC LONG reached my entry zone exactly as predicted, and then hit Target 1 at 3590 sats!
+7.13% Profit!
EOS/BTC LONG reached my entry zone exactly as predicted, and then hit Target 1 at 3590 sats!
+7.13% Profit!
Trade closed: target reached:
WIN!
EOS/BTC LONG hit Target 2!
+11.04% Profit!
EOS/BTC LONG hit Target 2!
+11.04% Profit!
Trade closed: target reached:
WIN!
EOS/BTC LONG hit Target 3!
+14.83% Profit! YAY!
EOS/BTC LONG hit Target 3!
+14.83% Profit! YAY!