readCrypto

Eos (EOS) - August 16

readCrypto Mod Updated   
Hello?
Dear traders, nice to meet you.

"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.

-------------------------------------------------- -----

We have to see if we can climb above the 3.8398 point.

You need to make sure you can get support at point 3.6111.

If you get support at 3.8398, you're likely to climb over 4.1778.

If it falls, we need to make sure it is supported at 3.3823.

-------------------------------------------------- ----------

Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible to preserve profit and loss.

-------------------------------------------------- -------------------------------------------

** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Comment:
(EOSUSD 1D chart)
It remains to be seen if it can rise above the downtrend line (3) around August 30 and above the 3.8398 point.
Also, you should watch as it touches the 3.3823 point.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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.