Helical_Trades

EOS/USDT : Trading at 2D demand

Long
BINANCE:EOSUSDT   EOS / TetherUS
EOSUSDT EOSBTC
Hello everyone πŸ˜ƒ
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

#EOS recently has bounced to mid range level but we didn't get the development there.
Now it just gets rejected and it has reached to range low level and 2D demand.
Expecting a bounce from here if we get the chance to cover the support zone !
πŸ“Œ Also there can be some factors to take LONG on USDT's chart :
- Building a positional setup on EOS as price has swept into the 2D Demand
- Wide SL for now incase we close below the 2D Demand
- Looking for the HTF range high and will add on the way up as PA develops

πŸ“š Have to mention that we have bullish structure on EOS/BTC's chart too :
There's a daily support located on ~0.0000700's level and RSI is had a breakout on recent dynamic resistance line.
Now there's a pullback on the support level !
The only resistance here is the the bearish trendline on RSI, Expecting a breakout after the failed retest on it, Cause the broken dynamic line is now supporting the level...

πŸ“Š I'm going to play like this on my trades in this days :
- No market longs between 23:00 UTC- 04:00 UTC (Asia Session) (Limits Okay)
- Longs Favored between 05:00-07:00 UTC ( L.O Kill zone as long as price pulls back into Demand)
- If we fill Long on Asia dip but fail to push higher on LO will be exiting longs at NY Session (12:00-18:00 UTC)
- On 1.5%+ risks will remove 0.5% at 1R NEW RULE

Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades

πŸ”΄ Don't forget to join our channels for FREE Premium stuffs !

TELEGRAM :
t.me/Helical_Trades

Instagram ( Persian - فارسی ) :
www.instagram.com/helical_trades/
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.