Long
Updated

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

447
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.
Note
#EOS +5.7% up, Target1 met , I hope you guys profited from this trade, however still i recommend to ride the full wave for EOS, trail stop losses above base price around 157-158sats region.
tradingview.com/chart/2jHyamBl/
Note
Target 2 also met- Profit-10%
Re-entry Targets mentioned here:
#Eos Trade Setup-another LONG on #EOSBTC around 38.2 fib retrace

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