TradingView
moon333
Jan 12, 2021 7:20 AM

EOSSUD completed Cypher move | Upto 52% expected Long

EOS / DollarBitfinex

Description

Hi friends hope you are well, and welcome to the new update on EOS coin.

On the 2-day chart, the price action of the EOS has completed final leg of bullish Cyhper and entered in potential reversal zone.

Buying and sell ranges:
The buying zone starts form 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .


Stop loss:
The maximum extent of potential reversal zone at 0.786 Fib level can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 52%, and the loss possibility is 12.5%.



Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Comments
lanc.rubbox
NEXT 1.74
Fookman
EOS looks dead
Phantom_Puppeteer
@moon333 when do you think we can see all time high again
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