Hi guys !
Another TA on EOS this time. We have an opportunity to short it to the 10USD level.
The EMAs crossed one week ago, and we had a big fall since this moment. I see it dropping and may bounce on the trend line.
It will take us to the beginning of June, and the big event for EOS : Main Net release .
This may provoke a huge bounce to the upper part of the ascending channel.
SELL : 12.5USD
BUY : 10-10.5USD
STOP : Above 13.4USD
Feel free to comment and subscribe !
Another TA on EOS this time. We have an opportunity to short it to the 10USD level.
The EMAs crossed one week ago, and we had a big fall since this moment. I see it dropping and may bounce on the trend line.
It will take us to the beginning of June, and the big event for EOS : Main Net release .
This may provoke a huge bounce to the upper part of the ascending channel.
SELL : 12.5USD
BUY : 10-10.5USD
STOP : Above 13.4USD
Feel free to comment and subscribe !
Trade active
In addition, on the 3hours time frame, we have EMA200 crossing with EMA70.Potential confirmation of the bearish trending :
Note
EOS is bleeding out, after a nice bull trap... EMAs never lie. Target of 10.5USD confirmed :)
Trade closed: target reached
10.5USD triggered :D
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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.