EOSKRW trade ideas
EOS KRW : time to decide its directionTouched its support line(falling wedge) : KRW 6690 is the edge of the support line on my chart.
But, BTC looks like heading to the lower place. XD
Let's keep watching its direction.
There is no strong support line under 6K, I guess.
Take care of your deal.
Good Luck.
EOS KRW 1D: Big Falling Wedge forming
: Small pennant is forming in the big falling wedge
: the price is under the trend line from KRW 4,280
: any meaningful price breakout is at least KRW 8700(breakout the trend line)
: if BTC falls down the price under 6K, EOS would fall down to 6618( KRW 6440 w/ overshoot)
: if BTC could walk on its upward trend to 9K, EOS could reach to 9460, but 50ema is waiting for you.
: couple of days of sidewalk can reach to the resistance of the falling wedge
: EVERY thing depends on the mother of all cryto, BTC. Unfortunately...
It's a trade zone with high risk. Take your own risk which you can bear
Good luck
EOS KRWHas been formed Double Top.
Forming Falling Wedge with strong support at 6,4XX KRW. 50MA is 9,436 KRW.
EOS KRW has been broken its long term uptrend(thin red line) and the uptrend has been turned into the resistance.
Its in the middle of the wedge pattern. If it couldn't break out its long term uptrend & resistance lind of the wedge, EOS could fallback to its Fib 0.113(app. 6,618 KRW).
At worst, if EOSKRW breakdown the wedge pattern, it could make a LL(app. 3,730 KRW). I guess.
I sold 90% of my EOS at around 10,000 KRW and I'm waiting for the best position to buy again.
Let's Keep watching.
Everything depends on the Mother of All Crypto, BTCUSD. haha
Good Luck.
Easy Money [EOS] the price confirmed the Fibonacci level 0.618 as a support , this is a good sign for the continuation of the movement
ENTRY the closure of the four hour candle above the previous local maximum ( 15375 )
on the chart i have indicated the possible resistance levels
but be careful , there is no volume , this is a classic pump
Easy Money [EOS] V2Fibonacci
The price confirmed the level of 0.382 as support , it's the sign for continuation of the movement .
Volume
In the purple rectangle we can see the accumulation of positions
ENTRY Closing the four hour candle above the level of 9560
EXIT The target level is 12271
RISKS In case of the fall of bitcoin, the movement will be canceled