Shorting EOS for high beta market wide pullback

By NeoButane
Updated
EOS makes big sweeping moves on well defined S/R levels. I believe, whether or not the coming week is bullish, there will be a sweep down to clean out the over-leveraged and paper fisted.

Stop above the recent high, looking to close in green highlighted area

snapshot
Trade closed manually
That played out very quickly. Reducing size but keeping a portion in case it dumpsters. Rotating into scaling longs elsewhere

snapshot
binancebinancefuturescryptoEOSfundingNBneobutaneTrend Analysis
NeoButane
My published indicators: tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)

Disclaimer