Long
Updated

#Eos Trade Setup-another LONG on #EOSBTC around 38.2 fib retrace

619
Eos Trade Setup:
As Earlier mentioned Target 1 is achieved:
#EOS Long setup(If bounce above 50fib i.e 147ksat is confirmed)


I am looking to go for another LONG on #EOSBTC at 38.2 fib retrace.
Open-158.5ksats
Target-172ksats
Stoploss-156ksats Risk-1.7%, R:R=5
https://www.tradingview.com/chart/2jHyamBl/
Note
Trade is Live!!!
Note
#EOSBTC- sl is trailed above base price, if trade stops out then,
Next entry-155ksats
Note
#Bitcoin is testing 8200 level again, #EOSBTC following #BTC looking to test deeper fib levels. Exiting at break-even looks a good option. Re-entry targets adjusted around 152.5k sat region now for EOSBTC #cryptocurrency #crypto
Note
#Eos Trade is live!! open-152ksats region. #eosbtc
Note
#EOS Trade is now at a profit of 2.82%. Btc is expected to retest that recently broken 8200-8300 support zone as a resistance, if that happens(it would mean btc growing almost 3% from current 8000 level) target-170-172ksats looks good, else if btc falls to 61.8fib support 7800 then other alts #eos including will also go into deeper fib levels, so Trade cautiously now, with SL set at break-even or slightly higher.
Note
#Eos Trade 4 update- This is the perfect time to cut losses on altcoin, but as we re-entered #eos at a very good price of 152sats, its at 3.2% profit right now. I will for conservative traders to take profits as bitcoin can be volatile in the closing hours tonight, as tonight we'll get confirmation of a breakdown or a breakout from btc.
For aggressive traders i'll suggest to trail SL above base price- to 155ksats(+1.97%profit).
Note
#Eos Re-entry Targets and Exit strategy:

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