EOS / Bitcoin
Short
Updated

EOS looking scary

140
Descending triangles nearly always break to the downside. RSI and Stochastic charts indicate further weakness to come. I'm sitting this one out.
Trade active
Break to the downside confirmed on the 1-day chart.

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Note
confirmation on the 3-day chart, targets shown below:

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Trade active
Hopefully you're not sweating bricks like Mike Novogratz is at the minute...

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Trade active
progressing along the channel nicely

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Trade active
Be careful not to mistake recent gains for new run. Resistance is unlikely to be broken on first attempt.

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Trade active
Maybe...

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Trade active
It's not over until it's over - seems like a classic bull trap

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Trade active
Falling knife - watch out below.

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Trade closed: stop reached
Golden cross.. time go long against Bitcoin!

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Trade closed: target reached
The sell off is over. Time to rotate.

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