Although many are waiting for Bitcoin to start a bigger upside move, many are not giving enough attention to major caps.. Here's why i think it could be a good idea!
The Downtrend Channel impacts on Eos:
- Price has retraced over 75%; - Have been losing Volume for 8 months now; - Almost no one is talking about the coin anymore;
But today out of nowhere we got a 18% pump and just broke the Channel.
Does indicators confirm a Reversal?
* Macd just flipped on the 3d timeframe; * Big break on the Rsi; * Longs are accumulating alot;
So what to expect from here?
- Retrace on Support between 2.77 - 2.90; :spinthink: - Start of the wave up to 4.31$ (My first tp); :rocket: - Retrace back around 3.58 (I will buy back here); :rekt: - Break of 4.31$ :interesting: - Re-test at 4.31$ (I will add more here); :moneybag: - Continuation of the bull trend to 6.10$ (I'm getting out here); :fireanimated:
This is a really big opportunity, i will be placing 3 seperate bags for this next move. (Short-term, Mid-Term and Long-Term)
Portfolio Risk: 5%, Leverage: x10 - x25
Long: 2.77 - 2.90 (There won't be any sl's since it's a big play for me, i rather ladder down.)
Even though from what i see it's an amazing opportunity, there is no reason in the world to fomo, risk a big % of your portfolio, use over leverage, let your emotions trade for you or any other reasons.
You are responsible for your own wealth, be wise and you should succeed!
If you have questions feel free to ask, or click on the link below you'll be re-directed to my groups.
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