EOSUSD Perpetual Contract
Long
Updated

Keeping an eye on EOS! - Long setup to $6.8

Taking into account only PA. Lots else at play, but wanted to send this out as one data point ...

Descending wedge - wait for breakout and retest confirmation.

0.5 Fib retracement defense - wait for confirmation of support.

I'm in long. Will add on each 0.5 fib touch. SL just below wedge apex.

Good luck!
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