The Wedge is nearing its climax, Buy on Break trend line, Sell at 0.028 , 0.033 , 0.046
Buy Below 0.190 and SL below green box, TGT #1 : 0.38
We are in a green box mentioned in last post, and there is a falling wedge. Time to take some longs and there are some bull diversions on 2 hour, any failure to bounce on blue line will show extreme control of bears. Expecting a bounce and INV H&S euphoria that will take us to 6400
There could be inv H&S in formation ,longs can be placed in green box and SL would be break of blue line
A big falling wedge is forming on tron/btc a target of 750 would be nice to have SL 488
Eos has sold all ETH, and we have bull div here. A long has good risk reward ratio.
We have multiple bear divs across RSI,CMF,VZO. Entering blue zone will take us to 7350, break of wedge below will take us to 6200 or deeper Longing 6650 with 6550 as SL. Shorting 6750-6800 with 6900 as SL.
-We have Hidden bear div on 4 hour -There seems to be rising wedge in formation. -Price is still in the blue channel -large numbers of longs and small number of shorts Unless price enters in Blue triangle, i am bearish
Previous EOS short went well, After the recent fall there i still see EOS breaking down 5.7 from 7.8, I would recommend entering short at 7.3, As a break of symmetrical triangle
It looks like, its a rising wedge setup on 3hr. Optimal entry points for shorts is green box and we are having too much of longs now. I see 5700 as first target This post is in correction to previous post, Just intermixed two charts Stated this as falling wedge lol.
It looks like, its a falling wedge setup on 3hr. Optimal entry points for shorts is green box and we are having too much of longs now. I see 5700 as first target
There is bull div on 3 Hour and lots of buy orders at 6100 and even more sell orders at 6350-6400 Idea is to short 6350-6400 and long 6100.
If the wedge is broken, good entry point for long would be 6010-6030, i believe it will hold and give a good scalp opeetunity SL is 5980, then i will be looking for short opportunities as this will go to 5500. 6400-6450 is good resistance breaking that will mean that we would be validating the falling wedge scenerio on daily (chart posted earlier) and i will be...
Could this be a relief rally we are waiting for ? It has potential to go to at least 7550-7800 I would be in buy mode after the break of 6600
We have invalidated wave 4 and 3 and we are targeting wave 2. targets bounce area is green box (3000-4000) by EOY Grey line would offer some temporary bounce to add more to the shorts
Rising wedge has ended like it should,We had our shorts filled from 6800 and above. Its Now resting on support line. We may expect a bounce soon. I would be shorting the bounce.
A Symmetrical triangle is nearing completion. I would short EOS if it falls and touches 10.1 USD (CMP 10.5), that would mark breakdown of symmetrical triangle. Target is 8 -7.5. Alternatively if it breaks up and goes 11.8-12 that would also be a good short entry point.
We are in a rising wedge which is a bearish pattern. it should break downward by 6900. But Still i feel it may go up to 7200 due tether news and other bullish bs, I have Some Sells set in green zone as well. it is a heavy resistance area with loads of longs trapped waiting get a break even.