NeoButane

Shorting EOS for high beta market wide pullback

Short
BINANCE:EOSUSDTPERP   EOS / TetherUS PERPETUAL FUTURES
EOS makes big sweeping moves on well defined S/R levels. I believe, whether or not the coming week is bullish , there will be a sweep down to clean out the over-leveraged and paper fisted.

Stop above the recent high, looking to close in green highlighted area

Trade closed manually: That played out very quickly. Reducing size but keeping a portion in case it dumpsters. Rotating into scaling longs elsewhere

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

Nice analysis bro <3
Reply
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