EOSUSD.P trade ideas
EOS (EOS) • Range breakout likelyEOS looking like it will break range resistance and start a weekly timeframe uptrend.
Check video for thoughts on it.
EOS going to test range resistanceHas been in a range since 2020 between 2.4 and 3.9. Breakout will send it to 5.9.
EOS LONG. BREAKOUT INC. BREAKOUT COMING, CANDLE MUST CLOSE OUTSIDE OF TRIANGLE ON THE WEEKLY (TODAY IS FRIDAY)
IF WE DO INDEED SEE A BREAKOUT, I AM EXPECTING A RETEST AT THE 3.20 RANGE ON THE NEXT WEEKLY CANDLE (FRIDAY WOULD BE 2/12) BEARISH CANDLE CLOSE. IF THIS CANDLE CLOSES BEARISH ON THE WEEKLY ON THE 2/12, WE ARE EXPECTING IT TO FILL THE RANGE AT 22$ PER, CURRENTLY 1:7 ON YOUR RETURN. AND MORE THAN LIKELY HIGHER.
EOSUSDEOSUSD will rise!
The trend line is making it goes higher
And also BTC affect all other cryptocurrencies against USD!
It will goes up till it reach the next strong Fibo level!
SL and TP are obvious but you can close half of your position in the first fibo level.
