IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect correction soon.
🔸 Summary and potential trade setup
::: EOSUSD 4days/candle chart review
::: 3.50 heavy key
::: heavy rejection at key
::: chart looks weak / not stable
::: expecting more losses short-term
::: recommend to re-short into bounce
::: BEARS will target recent cycle lows
::: TP Bears is 1.64 USD
::: targets price is key horizontal S/R
::: get ready to short into BOUNCE
::: best reload BEARS near 3.00
::: recommended strategy: SHORT IT 3.70
::: TP1 +20% gains TP2 +25% gains
::: short 3.00 / short rallies/rips
::: SWING TRADE: SHORT/HOLD IT
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BOUNCE POSSIBLE
Thanks for your good ideas
This is a weekly chart on a logarithmic scale
What do you think about it?
definitely going to x2-x4 later on, but pullback/correction not over yet.