$EOS/USDT 2D (Binance Futures) Ascending channel on support

21 May 2021

Eos has retraced down a lot and seems to be bottomed here, time to look back up for mid-term.

Current Price= 5.642
Buy Entry = 5.670 - 5.170
Take Profit= 7.669 | 11.156 | 21.218
Stop Loss= 3.916

Risk/Reward= 1:1.5 | 1:3.81 | 1:10.5
Expected Profit= +41.49% | +105.83% | +291.48%
Possible Loss= -27.75%

Fib. Retracement= 0.5 | 0.786 | | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3 months

26 May 2021

İşlem aktif

Both entries filled

Eos dipped as planned so far, time of truth, support must hold!

26 May 2021

İşlem kapandı: durdurma seviyesi

SL hit with -27.75% (1x) and -1R

Eos kept going down, this is so unreal and we were so not prepared for that, what a pity!

26 May 2021

Not

Went back up +20.13% (1x)

Eos finally bounced on 200MA, exactly where we should have been waiting for it.
We were right about the recovery but we entered way too early and suffered for nothing...
Anyway, trading has no mercy, sometimes we win, other times we learn!