Discover more from Stewdamus' Chart Analysis & Trade Alerts
#EOS #EOSUSD #EOSUSDC #TRADEALERT #PUMPALERT #PAMPITSIR
With a potential for %60+ gains from 1.19 entry and a R/R ration of 2/1, I have chosen my next crypto, EOS. Look to take some profits around the 100 day ma, $1.59, and finally $1.91 or the 200 day, whichever you are most comfortable with. I am a bit early, but it looks as if we have broken upside resistance (that second descending black trend line) of a descending wedge that has been forming since September of 2021, almost one full year! This means my targets are actually fairly conservative. So, we’ll take profits at our targets and re-assess when the time is right.
Below is the spreadsheet with all your data:
Best to you!