NeoButane

Looking at possible failure for EOS to exit long term channel

Short
BITFINEX:EOSUSD   EOS / Dollar
Invalidation occurs at another test of the recent highs.

Targeting upper 4.5s, then 4. 2s , then looking for a reaction upon upper channel test if it occurs.

R of this trade: 0.5:1

3D chart showing the formation of the horizontal channel.

Picture in case the idea is scaled oddly in the published chart.

Futures premium from FTX, on a Bybit chart. They're all priced about the same anyway, and the main chart series does not affect the futures premium formula.
Trade closed: stop reached: Fascinating.
My published indicators: https://www.tradingview.com/u/NeoButane/#published-scripts

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)

Comments

Ouch
+1 Reply
NeoButane mjjbaiocchi
@mjjbaiocchi, Haha, yeah
Reply
Wonderful analysis here
+1 Reply
I think you would insist on your idea! We can see a twin hill and then a hard drop by steps next days. Buyers must be carefull and must use stop. Probably we will see big waves on EOS graphs for months. These are posibilities about EOS.
But I believe that we will see a very big cup and uptrend in next years. My personel target for EOS is 6.000 $ by 2025. It may be a reality or not of course. We just guess.
Reply
Brendan already stated EOS BTC bullish its a call for a pump, u still dont get it, u still dont understand, yet you have so high confidence in declaring ur sort.. how reckless people like u..
Reply
NeoButane anonycoin
@anonycoin, tell Brendan good job
Reply
RichieRich777 anonycoin
@anonycoin, Which Brendan are you talking about?
Reply
Comment removed.
RichieRich777 anonycoin
@anonycoin, Cool, Thanks
Reply
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