As you may expect, it isn't possible to "win" on every set up which we trade, at least I can say that's true for GENUINE TRADERS such as myself......
Anyway, I had set this as a long while we were pumping just a few weeks back, was waiting and waiting for the wedge to hold or officially break, and here it is - super dooper EASY SHORT on EOS
Not direct trade...
$EOS shows a strong support in the zone of 0.000620 BTC - 0.000665 BTC. Moreover, on the 2H time-frame we can see a local double bottom and in case the price dumps to 0.000620 BTC, we will even bigger double bottom pattern. If we take a look at indicators, we will see a convergence on RSI and oversold on Stoch. RSI. The "final" target of a ascending movement is...
Hello Crypto community :)
Let's take a look at EOS 4H chart, as you can see EOS could breakout to the upside, it is currently trading in this descending channel.
MacD and RSI looking good too.
Keep an eye on EOS
have a nice Friday guys :)
No financial advice.
As anyone who has tried their hand at trading altcoins knows, it is a risky game. I usually try to avoid trading altcoins for this very reason... but some analysis of EOS' recent price movement has me tempted to pull the trigger.
The month of June has been unkind to the coin. Looking at the second Enhanced Linear Regression Indicator, we can see that EOS price...
$EOS Heading straight to 71k sats support after breaking down from current level..
Selling volume increasing while RSI is about to reach oversold levels
UCTS Sell signal since June 6th
Aiming for a bag at that low level could be a good option (IF bitcoin doesn't go crazy)
Hello! As you can see on the diagram, the EOS shapes a bullish flag. You can look at the next achievable points thanks to the indicators (Fib.retracement(golden levels),Fib.Time zone,Bull flag patern).
That is not financial advice,just possible targets and possible dates.
Have a nice trade!