Hello guys,
I think it could be very interesting buying EOSUSD because it's breaking a descendent trend line, starting from hystorical highs, and the 200 2h MA.
Volume is rising.
If EOS is able to remain around 8 USD (R1), better above, at the end of this 2h candle we can buy it putting the first target to 8.30 USD (where we find a first weak resistance), even if the real target is around 9 USD (R3), near the next important resistance. Stop loss must be set at 7.68 USD, representing a good risk/reward factor.
Indicators support a possible bullish trend.
To sum up:
Buy EOSUSD if closes above 8 USD at the end of this 2h candle R1----> R2 8.30 USD----> R3 9 USD Stop loss 7.70 USD
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
I think it could be very interesting buying EOSUSD because it's breaking a descendent trend line, starting from hystorical highs, and the 200 2h MA.
Volume is rising.
If EOS is able to remain around 8 USD (R1), better above, at the end of this 2h candle we can buy it putting the first target to 8.30 USD (where we find a first weak resistance), even if the real target is around 9 USD (R3), near the next important resistance. Stop loss must be set at 7.68 USD, representing a good risk/reward factor.
Indicators support a possible bullish trend.
To sum up:
Buy EOSUSD if closes above 8 USD at the end of this 2h candle R1----> R2 8.30 USD----> R3 9 USD Stop loss 7.70 USD
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
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I don't like the movement of last hours, I'm out at 7.9$ with a small loss
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.