Hello traders & friends,
I posted on Friday: EOS breaking 7.2 & 7.29 conservatively will be the GO signal for this inverse Head & Shoulders.
=> Since then we have made 10% gains -Congratulations to all the bulls playing this break!
I have personally played the break from 7,25 to 7,51 yesterday (not actively, orders automatically triggering), and then switching gears to NEO.
We're right now running into $8 & $8.25 resistance => a consolidation here is very normal after running so high. Essentially, EOS bulls will have to look out for the showdown of grandpa Bitcoin at 6.800. Once BTC breaks this huge neckline, this can mean also big upside potential for EOS.
In the direct correlation of EOS/BTC, we have also broken the important .114 & .118 to the upside, coming into resistance at .12 & consolidation now.
Conclusion: Watch out for the BTC showdown this week bulls! ;)
If you don't want to miss clear trend reversals & neckline breaks the next time with 10% profit potential, please like & subscribe, and watch my daily videos! ;) I wish you a wonderful start into the week & good trading!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
I posted on Friday: EOS breaking 7.2 & 7.29 conservatively will be the GO signal for this inverse Head & Shoulders.
=> Since then we have made 10% gains -Congratulations to all the bulls playing this break!
I have personally played the break from 7,25 to 7,51 yesterday (not actively, orders automatically triggering), and then switching gears to NEO.
We're right now running into $8 & $8.25 resistance => a consolidation here is very normal after running so high. Essentially, EOS bulls will have to look out for the showdown of grandpa Bitcoin at 6.800. Once BTC breaks this huge neckline, this can mean also big upside potential for EOS.
In the direct correlation of EOS/BTC, we have also broken the important .114 & .118 to the upside, coming into resistance at .12 & consolidation now.
Conclusion: Watch out for the BTC showdown this week bulls! ;)
If you don't want to miss clear trend reversals & neckline breaks the next time with 10% profit potential, please like & subscribe, and watch my daily videos! ;) I wish you a wonderful start into the week & good trading!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.