GIgor_021

EOS: possible long scenario

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GIgor_021 已更新   
BINANCE:EOSUSDT   EOS / TetherUS
EOS is currently at 0.5 Fibonacci retracement level and possibly forming a H&S chart pattern...

..on the other hand several times the price rejected the support zone around 3.4 price level and currently it's above 50 EMA on 4H chart (on daily it's still below).

It seems reasonable for me to start entering the market from current 3.8 price level with S/L below 3.4 and T/P around 5.5.

First resistance level is around 4.07, second one is around 4.41.

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