EOSUSD potential breakdown to $3.1 and beyond
EOSUSD fighting for life here. 3.67 pivot breakdown will lead to at least retest of $3.1, but likely lower overtime. This level would equal BTC at 9.4k
In red bearish signs:
- tenken, kinjun negative cross
- MACD negative cross
- below KC channel
- negative volume spikes no positive volume
Bullish sign:
- still holding bottom of 4h ichi which hasn't properly bounce on 4h timeframe.
Trade is short market open $3.59 and close $3.13. In case of the bounce from current level I would short $4. The picture would change if EOS closes 4h above $4.
In red bearish signs:
- tenken, kinjun negative cross
- MACD negative cross
- below KC channel
- negative volume spikes no positive volume
Bullish sign:
- still holding bottom of 4h ichi which hasn't properly bounce on 4h timeframe.
Trade is short market open $3.59 and close $3.13. In case of the bounce from current level I would short $4. The picture would change if EOS closes 4h above $4.
Note
trade opened by market orderTrade active
trade opened by market orderNote
there it goesTrade closed manually
3.28 closed for now, looking to re-enter 3.55 die to BTC being at critical 9450 level.
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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.