Hi, if you've been following since Jan, you'd know swing trading (short) ripple & EOS has been my dear friends.
Please refer to the related ideas below to see how I've been following EOS/USD pair over the past 6 months.
Now, we have reached another buy zone. And this one is especially special, as we are entering wave 3 of 3 - which normally is the most aggressive impulse.
*This is a swing trade position, the trade may last a couple of months.
*Should the price bounce and go with my trade, I will be taking early profits using 1hr chart in overbought conditions, and re-adding on pull backs.
GL. For the record, I'm in at $8.14
Please refer to the related ideas below to see how I've been following EOS/USD pair over the past 6 months.
Now, we have reached another buy zone. And this one is especially special, as we are entering wave 3 of 3 - which normally is the most aggressive impulse.
*This is a swing trade position, the trade may last a couple of months.
*Should the price bounce and go with my trade, I will be taking early profits using 1hr chart in overbought conditions, and re-adding on pull backs.
GL. For the record, I'm in at $8.14
Trade active:
More technical:
long term channel support coinciding with fib level.
More technical:
long term channel support coinciding with fib level.
More Technicals:
- bullish divergence on 1/2hr TF.
- valid 5 wave count for wave c of ii.
- reversal candles formation with respect to the critical level of .786 ret. On low hour TFs we have dogi/hammer formation with type 1 closes respecting the critical level.