EOS longs perfect setupIm sorry, i cannot resist publishing that perfect pattern.
EOS is like silver. You need to accumulate when no one wants it and ride the wave.
Trade at your own risk!
Key data points
Previous close
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Open
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Day's range
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EOSBTC: When moon?Now, that I have your attention.
When this breaks down:
EOS will dip then possibly moon. I am quite literal here because I believe that if BTC dips below 3800 it will keep falling for a bit. EOS being the top gainer recently, along with other altcoins, will be seen as a speculative valuable inv
EOSXBT - A quick and easy swing tradeBEOSXBT has reached a consistent line of resistance. At this falling trend line, the bears have been able to sell off and bring price back down to lowering support levels within the downwards channel. Not a whole lot of theorizing to be done. A simple, profitable trade.
Many traders will overwhelm
EOS over 10$ before end of septemberYou cannot make us capitulate.
It drop? We buy more because we saw that too many times before.
If you sell on emotion, stop trading now you will lose on the long term.
When EOSUSDSHORT go up by 1 million coins, the price drop by 1$.
If they cover lets say, 5 millions coin out of 9 millions short,
EOS greed - short squeeze might happenShorters are too greedy in EOS. EOS dropped 30% in the last 24h and too many traders are still thinking it's an easy trade to short EOS. But they forget to watch EOSUSD SHORTS chart. This chart says that EOS shorts are still builing up, but shorters are not able to push the price lower anymore. That
Why its dangerous to go "All In"Recent sentiment on EOS was so bullish that longs reached a pretty ridiculous level.
Easy to spot in hindsight but the max pain was to the downside.
Max pain thoery. The market will move to rekt the most amount of people it can. In options trading max pain is the $ value of the stock where optio
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