I opened a few open positions for trading EOS:
1) Buy: 6.5 -> Sell 6.9 (not sure if this is going to be filled so feel free to cash out when you think it is the right time)
2) Buy 6.2 -> Sell 6.5 (roughly 4.8% profit)
3) Buy 5.8 -> Enter long or sell at 6.2 with stop loss 5.70
I think 5.8 will act as major support for EOS/USDT pair as the fibonacci level will overlap key supports and resistances.
Happy trading!
1) Buy: 6.5 -> Sell 6.9 (not sure if this is going to be filled so feel free to cash out when you think it is the right time)
2) Buy 6.2 -> Sell 6.5 (roughly 4.8% profit)
3) Buy 5.8 -> Enter long or sell at 6.2 with stop loss 5.70
I think 5.8 will act as major support for EOS/USDT pair as the fibonacci level will overlap key supports and resistances.
Happy trading!
Comment:
First order went through. Potential bull flag in play. Otherwise, next targets are 6.5 and 6.2.
Comment:
EOS broke trendline and confirms it as a support!