Trade Recommendation: EOS (New Signal) | Hacked: Hacking Finance
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Analysis

Trade Recommendation: EOS (New Signal)

Posted on .

Trade Recommendation: EOS (New Signal)

Introduction

This article was posted on Sunday, 15:57, UTC.

The price dropped to the support zone near the bottom border of the horizontal price channel. We have a bullish candle confirming that the market bounces from 1.60 level. RSI confirms price reversal. It’s buy opportunity.

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We can place pending orders for buy at 1.71 level with stop orders below the support level. Profit target is the top border of the price channel. Also we have pending orders above the resistance level. They are still workable. If the price breaks the top border of the price channel, we’ll be able to catch possible upward movement.  If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

Buy: 1.71
Stop: 1.47
Profit Targets: 1.96

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The trading signal is based on Kraken chart.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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Dmitriy Lavrov

Dmitriy Lavrov

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

Comments
  • user

    AUTHOR bitsurfer

    Posted on 1:41 am August 15, 2017.

    Hi there! Just want to make sure your EOS recommendations take into account that a new 2 million tokens enter the market every day from the EOS token sale? Thanks!

  • user

    AUTHOR Dmitriy Lavrov

    Posted on 4:23 pm August 15, 2017.

    We trade based on signals providing by Technical Analysis. Just remind you that information about the market and all news about the financial instrument are already included in price.

  • View Comments (2) ...
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