trayder1

trayder1

1. Bounced of support at 0.00001400 area 2. Above 200EMA - Acting as support and already tested it as support Currently in Elliot Wave 4 Entry point: around 0.00001912 Exit: Elliot Wave 5: 0.00002500 - 0.00002663 Also we might be forming a cup. **This is not a trade advice. For Educational Purposes only** DYOR **

trayder1 Updated 

EOS has formed inverted cup and handle and if it breaks Support 1, it may go down till Support 2 (Technically it should go till Red Line, but being fundamentally strong, I doubt it will), which is previous resistance. Also MACD is trending down. But zooming out on chart, is a huge HUGE Cup and Handle meaning it won't be too long before it bounces hard. Do your...