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EOSEOSEOS
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EOS

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EOSUSD trade ideas

New move?After opening the short from the previous idea, I found that a strong support zone has formed at levels 4.45-4.55 and my assumption of further downward price movement was not confirmed. That's why I closed my position manually. What we have now? Today Bitcoin reached 50k and it means that uptrend continues. So, I expect, that EOS will show a new move. It's indicated by the exit from triangle (yellow line), and a trend change on the MACD (yellow circle). MY IDEA: 1. Long from 4.54 (already opened). 2. First target - area of 6.0 USD. Price movement below 4.35 will cancel this idea.
BITFINEX:EOSUSDLong
by SmartAssetsCapital
2
Eos (EOS) - February 17Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We must see if it can rise above the 5.12 point or the uptrend line (1). In particular, we have to see if we can rise above the 4.7538 point for support. If it falls, you need to make sure you get support at 4.0849. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
BITFINEX:EOSUSD
by readCrypto
2