13th June Completed EOS Long Position

in eos •  7 years ago 

Why I entered the trade:


RSI was climbing although the price was lower
Bought up averaging to $9.6
Initially targeted $9.9868 range at 1.618.
But price reached only to the 1:1 Extension

Didn't manage to sell at $9.9868:
Assume it's going to retrace and potentially continue down.
So when the price retraced but hit an even higher RSI,
entered more, targetted the 0.618 - $9.7558(50%) and 0.786 - $9.8098(50%) levels

Believe that the price will make one more wave down.

1min:


15min:


Did not do Confluence
Would have easily yielded 2-3% profit in 30 mins
Could have been a quick Trade in and out.

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all crypto go to down now, but eos long?