oh92
Long

Massive Potential Gain! - EOS

BITFINEX:EOSUSD   EOS / Dollar
After months of few clear signals, EOS has finally provided us with a beautiful Inverse Head and Shoulders set-up on EOSUSD which has taken near 6 months to complete!

EOSUSD just recently broke the neckline of this inverse head and shoulders , therefore I have gone ahead and entered a spot trade with the details below.

My Trade
Entry: 6.06
Target 1: 9.67
Target 2: $12.00
S/L: 4.50

Notes:
  • Although Bitfinex is showing slightly lower volume for the right shoulder, multiple other exchanges have seen a massive spike.
  • I expect a possible double top to form around 6.50 which may provide another entry at the neckline.
  • The EOSBTC chart does not look too impressive yet. I will wait for a clear setup there before adding margin
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Interesting idea. Good job.
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Great Setup following you now! I have a short Position running on EOS what do you think?
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