Get started
markoshust

EOS in ascending triangle, to go up 20%

Long
EOS (KRAKEN:EOSUSD)  
markoshust Updated   
KRAKEN:EOSUSD   EOS
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
EOSUSD is currently trading within an ascending triangle. It has recently had a positive long-term EMA cross, and has been consistently hitting against RSI support. There have also been top candles indicating that it wants to move to the upside.

This has a very attractive 5:1 risk reward ratio. A proper stop-loss would be below the 55 EMA.
Trade active
Trade closed manually:
7% gain - good with me!
Comment:
oops
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.