Updated
The historical 5k sat level
Looking at EOSBTC long-term chart, 5k sat has always been a critical point, acting as both support and resistance lines.
2 possible scenarios for EOSH20 are shown in the chart. In any case a pull back from 5000 sat is inevitable, a good risk/reward ratio to open a sell position there.
2 possible scenarios for EOSH20 are shown in the chart. In any case a pull back from 5000 sat is inevitable, a good risk/reward ratio to open a sell position there.
Note
Taking the second path.Note
Touched 0.0004615. Going for 0.0005Note
Ok. EOS exactly follow my second scenario. I opened a short position at 0.0005 btc and closed it at 0.000485 btc (30% profit with lev 10x).
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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.