Singkat
EOSETH - ETH as capitulated and EOS did not
Looking at ETHUSD, we can clearly see a capitulation V bottom with a lot of volume. EOSUSD is still strugling to confirm support at about 4,5$.
In the meantime the EOSETH ratio is near all-time high.
I short this with a passion and I'll be putting my profit target reaaalllyyyy low on this one as I don't think the EOS bubble is over yet while the ETH bubble clearly is.
We are clearly due to retest the pink trendline, and I doubt it will hold. I'm not sure the 0.008 level will hold either.
No volume, Decreasing momentum.
One think to consider is this EOS trading pair is the least popular: EOSUSD and EOSBTC are far more popular.
Game on.
In the meantime the EOSETH ratio is near all-time high.
I short this with a passion and I'll be putting my profit target reaaalllyyyy low on this one as I don't think the EOS bubble is over yet while the ETH bubble clearly is.
We are clearly due to retest the pink trendline, and I doubt it will hold. I'm not sure the 0.008 level will hold either.
No volume, Decreasing momentum.
One think to consider is this EOS trading pair is the least popular: EOSUSD and EOSBTC are far more popular.
Game on.
Nota
Logarithmic MACD is now on resistance and so is the daily RSI.Nota
I have exited this trade as the opportunity cost is too high. I prefer to short EOSUSD than to short the ratio.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.