EOS-BTC (Short term)
Updated
Waiting what EOS will do on the bottom of the support if successful bounce I could expect to see 3% gain for short term and around 4-5 days reaching 10-13 %.
- Indicators show potential bottom (Williams vix fix) in this pull back with possible bounce from uptrend line!
- If not that we will see either retest of support and if it does not hold than downtrend will continue and reversal neglected
- Looking for an entry after a bounce from uptrend line at around 34604 with tight stop sells
- Indicators show potential bottom (Williams vix fix) in this pull back with possible bounce from uptrend line!
- If not that we will see either retest of support and if it does not hold than downtrend will continue and reversal neglected
- Looking for an entry after a bounce from uptrend line at around 34604 with tight stop sells
Comment
EOS broke the potential support as well as small uptrend line and has started to form falling wedge pattern. what I am waiting for:
- divergence
- breakout of the falling wedge and close above the wedge than we could see a price spike up to the top where the minor downtrend has started.
- be aware of the resistance in the half-way.
- Would love to see the verification of support at 127 fib level
Trade closed: target reached
Out with 3%Trade closed: target reached
Mid target reached for 3%Comment
Comment
Maybe another bounce?Disclaimer
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