EOSETH pushed out of a bottoming circle . It looks like it may have retraced to the median line of the ascending modified Schiff fork. I will use that as my stop. This will be confirmed with EOSUSD chart. ETHUSD is in a wedge and may fall in the next few day
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I will also follow EOSUSD. As you can see it respects the Fibonacci levels. It will be very bullish if it can break through the 50 percent Fibonacci line at 13.41 and hold the median line currently at 14.50
Trade active
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Good entry point now EOSETH back at median line EOSUSD at strong support and at Fibonacci level.
Trade closed: target reached
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Closed May 29 at 0.2300 Entry May 20 at 0.1860 Profit 0.0440