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nixholas
Aug 8, 2018 12:13 AM

Fractal, Long. Long

EOS / DollarBitfinex

Description

Following an old fib level diagram we'll most likely hit bounce zone within 5.5 - 6.4. All indicators beep oversold so don't carry on selling, that's a bad move. Fractals also show a possible bounce at this level with a 317% movement from the previous ATH and this ATH. we're almost 317% down from the ATH we hit recently.


This is more or less what we should see.



You can see that an IHS is invalid, shoulders can't be higher than the head

Time to long and try.

Comment

I have not MADE a move yet. Do NOT enter until I post an active trade status.

Trade active

317% for this dip is 5.5061

The party just started.

I'm in. Fill more at $4 if it happens. It's unlikely, but I haven't bought alot. Just 35% of what I want to spend so keep a lookout and I'll see you soon, buying more at 5.7 if it REALLY bounces here.

Comment

SL at 4.95

Trade active

Trade closed: stop reached

Stop hit. Good buy here.
Comments
Skinwah
Could go 3.9 before bouncing
nixholas
@Skinwah, Agreed. But I don't see weakness going there hmm.
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