Hi dear patrons, hope you are well, and welcome to the new update on EOS coin.
On the daily time frame chart, the price action of EOS has formed bullish Cypher pattern. There is also 100 simple moving average below the buying zone.
Buy and sell targets:
Buy between $5.42 to $4.55
Sell between: $6.10 to $7.74
Stop loss:
The maximum extent of the potential reversal zone $4.55 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 70%, and the loss possibility is 17%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the daily time frame chart, the price action of EOS has formed bullish Cypher pattern. There is also 100 simple moving average below the buying zone.
Buy and sell targets:
Buy between $5.42 to $4.55
Sell between: $6.10 to $7.74
Stop loss:
The maximum extent of the potential reversal zone $4.55 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 70%, and the loss possibility is 17%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.