There is a larger falling wedge pattern on EOSBTC that I've been keeping watching closely. I believe we are near the bottom and targetting a breakout to test the 38.2% Fib from the beginning of the falling wedge.
On the smaller time frames, I've been entering into a LONG position on:
I will be taking partial profits along the way in case the market dumps, however will hold remainder of the position to the target shown while trailing stops.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
On the smaller time frames, I've been entering into a LONG position on:
- Double bottom pattern
- Cup and handle pattern
- Bull flag pattern
I will be taking partial profits along the way in case the market dumps, however will hold remainder of the position to the target shown while trailing stops.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Trade active:
Updated targets. Interim profit target based on a bull flag pattern:
