EOSBTC last bull to complete implusive wave
TA:
- 50% retracement of 3rd wave
- Falling wedges breakout
- Indicator show bullish strength
FA:
- Mainnet launch on 2 June
TP:
- Target is 5th wave completion of first implusive wave so take full profit
- Close 70% my profit and hold see whether it may hit 2nd target. (do not be greed as first tp is more than 80%!)
- 3 senario
a) truncated 5th wave /double top which I am douth due to mainnet release
b) 5th wave often break previous high
c) 5th wave extension
Conclusion:
Good RR trade with fundemental news aline.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it
- 50% retracement of 3rd wave
- Falling wedges breakout
- Indicator show bullish strength
FA:
- Mainnet launch on 2 June
TP:
- Target is 5th wave completion of first implusive wave so take full profit
- Close 70% my profit and hold see whether it may hit 2nd target. (do not be greed as first tp is more than 80%!)
- 3 senario
a) truncated 5th wave /double top which I am douth due to mainnet release
b) 5th wave often break previous high
c) 5th wave extension
Conclusion:
Good RR trade with fundemental news aline.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it
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