EOSETH trade ideas
EOS vs ETH watch for it!It must drop. Plenty of SL here for a good gain. God knows what ETH will be worth but I think its gonna happen pretty soon. For it to logically happen it would mean ETH has to rise and EOS has to fall in value. How will that happen? Does that mean long ETH VS usd too? Nao sai. One thing I can show you is divergence.
3 v 1
There is a possibility for the beginning of an uptrend in EOSETHTechnical analysis:
. EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0181000 to 0.0170000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0181000)
Ending of entry zone (0.0170000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0202000
TP2= @ 0.0220900
TP3= @ 0.0242000
TP4= @ 0.0263200
TP5= @ 0.0280000
TP6= @ 0.0293300
TP7= @ 0.0331500
TP8= Free
There is a possibility for the beginning of an uptrend in EOSETHTechnical analysis:
. EOS/ETHEREUM is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0185000 to 0.0170000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0185000)
Ending of entry zone (0.0170000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.02209
TP2= @ 0.02420
TP3= @ 0.02632
TP4= @ 0.02800
TP5= @ 0.02933
TP6= @ 0.03315
TP7= Free
EOSETHI'll set up two trades here and with some alarms, because when the first order will be filled in, I'll check if the second one should be canceled (whichever side it will decide to go).
Currently EOS is struggling around 0.618 Fib level of last rise, forming triangle pattern. There's no much volume, but when it'll decide to go either way, I'll try to ride it. Fingers crossed and let's go!
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
EOSETH Short trigger 3D bars backThe LongBuyLongSell Automated Indicator predicted that after a huge Rally(blue bars) a short has been triggered three BARS back . Good to hold the short position until the next Blue BAR comes in D chart .Profit could be huge if this is followed correctly.