EOS - Weak hands filtered out

26 Ağu 2018

EOSUSD presents itself as a candidate for a long setup. Slightly lagging, but moving in line with the likes of ONT, WTC and ICX, following are some of our technical observations:

1. Bounce from a long term support at ~$4.50 with constructive trend in oscillators.
2. Price action suggests closing above short term moving averages (9 & 21 case in point).
3. General up-tick in Market to catalyze a move towards 50% Fibonacci (as plotted on the chart) coinciding with horizontal resistant region at ~$6.70.


Trade Setup:

Buy zone: $4.95, $4.71, $4.56 - Preferably 33% each

Stop Loss: Close below $4.34

Sell Zone: 20% at $5.40, 30% at $5.70, 50% at $6.70

28 Ağu 2018

İşlem kapandı: durdurma seviyesi

Approaching first sell zone.

28 Ağu 2018

İşlem aktif

Approaching first sell zone.

29 Ağu 2018

Not

We have reduced our long position in EOS