Get started
Short

EOS planning a short

By amutt
Updated
Planning to short this coin. I think it is going to lose at least 50% of its value vs BTC. Don't know why it will happen or what the reason for it will be but I think it will happen. It is a good RR play. Going to look to enter from 66 - 675. At 10x you get a 0.0000531 rekt price so maybe start with 5x wait for pull back then change to 10x and double the bet. Might actually not get the full value of it as the future end March 31st. But lets see.

Bottom of channel around 0.00033130
FYI > trustedpsychicmediums.com/angel-numbers/angel-number-313-meaning/

snapshot
Note
What it looks like on mex, I think around 67

snapshot
Note
Still waiting. There was a lil spike above 46 but I don't think that's it. Just waiting. LTC is one too, if magic poop coin or whatever he is called is correct.

snapshot

Will update with an entry if I do one. Im thinking LTC or EOS both look similar.
Trade active
Well it shot up. If you believe it is going to go bearish this is kind of the chance. My target is shown around 5500

snapshot
Trade closed manually
I just closed this now, looking at it I think 1 more higher high and show divergence on the oscillators. I have a sell set at 703. Will see if it hits this afternoon.

snapshot

LTC actually looks a better short, it is already showing the divergence.

snapshot
Chart PatternsTrend Analysis
amutt

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.