It's been a while!
Here's the critical news on EOS. Check out the SS below.
This damn long resistance line dates all the way back to April of 2018.
We finally had a breakout today(yes this is log scale), and we are being supported.
Enter long anywhere around $5.30~5.68 (0.618~0.382 region of current wave and diagonal support).
Stop loss right below the diagonal support: $4.90~5.20
Depending on your risk management, you can get a high winning probability setup with low risk.
If you are not an analyst, don't trade on behalf of my analysis. I am a scalper and rarely hold positions overnight.
I will definitely play long on EOS sometime today, but I will NOT hold it for 50% profit.
You're welcome and hope you all have a shitty day. Much love!