GIgor_021

EOSUSD: optimistic scenario..what's next?

Long
Already with bulls since around 3 price level.. unreal. P/L around 40%, what should i do?

Should i close the position now? Don't think so..

1. Cryptocurrency market is breaking out, this month already had 5 posts regarding BTC, BCH, TRX, ETC and ETH..
2. EOS volume profile provides most traded area in the last 6, 3 and 1 month, so in my opinion selling around 3.8 price level is decent..
3. In this case i am risking 17% (with 23% profit in my pocket) with R:R ratio 3,8..
4. If we think from another point of view i have two options: 100% vs. 23%
5. Nothing more to add.. am i loosing this time..? No.)

Feel free to share your opinion/open positions via comment and follow me to stay updated.

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.