What is the price for that hard drop to be followed by a bounce?
I'm posting up the price range from a historical perspective and recent support lines.
Observations:
BTC - downward trend but the weekly charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction.
EOS like NEO is move alike as per BTC, not necessary the same %
Entry ranges from 4.2 to 4.8 depending how much BTC drops and the rate of its drop.
4.2 to 4.6 seems to be the very bottom
Like BTC, EOS Weekly shows we have higher lows and lower highs, then its likely the bottom is more higher than previous times indicating around 4.7447
Good luck
PS. Give us a "like" if you agree, etc
I'm posting up the price range from a historical perspective and recent support lines.
Observations:
BTC - downward trend but the weekly charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction.
EOS like NEO is move alike as per BTC, not necessary the same %
Entry ranges from 4.2 to 4.8 depending how much BTC drops and the rate of its drop.
4.2 to 4.6 seems to be the very bottom
Like BTC, EOS Weekly shows we have higher lows and lower highs, then its likely the bottom is more higher than previous times indicating around 4.7447
Good luck
PS. Give us a "like" if you agree, etc
Note
RSI in the 2hr chart overbought conditions and Fib retracement is between 38.2% level for a bit before testing the 50.0% level.Trade closed: stop reached
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.