EOS TIME TO BUY

Thinking like and investor, very simple Chart, downtrend cycle is about 2 months, relative uptrend suport zone is around 6 and 7$, if we look at RSI and Stochastic levels are very very similar to last time it went down to 4.5$ So we don't get distracted by the daily volatility, look at bigger picture, invest now sell in 6 or 7 weeks at the top of the mayor uptrend channel, Ladder your buys Never all in never one Buy, average your cost and be patience, it will pay off

Comment:

for this trade we still in accumulation zone as expected and we will be there for some more days, i keep this updated, if you had a good entry as i suggested $7 you don't have to worried about, just wait, if you want to add more you can join eos when btc retest the 5950 and 6 k levels, eos should be around $7.45, always ladder buy, don't use a single order. lets say you have $1000 to invest in eos:
$7.62 ($150)-$7.46($300) - $7.32($250) and leave 300 to manually buy if you have time

Trade active:

a good place to sell can be the 10.5 and 11$ area, when btc reach 6800 i will update this chart, very probable has i said in other chart btc will go to 7400 and 7800, at this levels we will close all our trades

Comment:

For this long term move you can also do short term move if you wish, first target $ 10.14 and second target $ 11.16 from those levels we can expect good retracement, i will keep updating

Comment:

we took profit at about $9.1 now we will set re buy orders at 7.98/8.12

Trade active:

went little lower of rebuyin zone, you can add more at 7.12/7.3

Comment:

if you followed this you got eos from 7$ right now next buying zone can be $5.98-6.3 so don't add more until it gets there, and if it doesn't we are good because we already bough at 7$