EOSUSD - 1D - EOS likes bottoms...double bottoms! +/-400% Profit
NOT A FINANCIAL ADVISOR!
1) EOSUSD is currently breaking out from a descending trendline.
2) it is forming 3 consecutive double bottoms.
When the first breaks and target is reached, it will fully form the the next double bottom.
After the second breaks and target is reached, it will fully form the the last double bottom.
After the last breaks and target is reached, I would expect about +/-400% Profit from current price level! (against USD!!!)
Stop Loss: below the initial bottom!
Risk reward: easy... :)
1) EOSUSD is currently breaking out from a descending trendline.
2) it is forming 3 consecutive double bottoms.
When the first breaks and target is reached, it will fully form the the next double bottom.
After the second breaks and target is reached, it will fully form the the last double bottom.
After the last breaks and target is reached, I would expect about +/-400% Profit from current price level! (against USD!!!)
Stop Loss: below the initial bottom!
Risk reward: easy... :)
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.