LONG #EOS Long setup(If bounce above 50fib i.e 147ksat is confirmed)

in #cryptocurrency • 6 years ago

Eos Trade Setup:
Eos has retraced around 50fib level of the Impulsive wave sequence 1-5(50k-244ksats)
RSI levels are oversold, with Bullish divergence .
Trade Setup:
Open Long- 150ksats, Target1-158ksats, Target2-165ksats, Target3-172ksats
Stoploss- 149ksats
Risk:Reward- 10.3 for target 1.

Target1: 158ksats around:
23.6fib retrace of wave c & 4H 20 & 200SMA resistance level .

Target2 & 3 around 38.2 & 50fib of wave c respectively.
download (91).png

https://www.tradingview.com/chart/EOSBTC/90mZjjGE-EOS-Long-setup-If-bounce-above-50fib-i-e-147ksat-is-confirmed/
download (92).png

#eos #trading #cryptotrading
6 years ago in #cryptocurrency by
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     6 years ago 

    Nice analysis

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