EOS bullish wedge

7 mai 2018

EOS has formed a bullish wedge on a higher time frame
also we have a descending volume which confirms the wedge
We also have a breakout but the volume is just not convincing enough so i might skip this trade or wait for the volume since it looks like eos is retesting the resistance

7 mai 2018

Note

On 12 hour time frame eos held the bull trend
While looking at the RSI we an see that eos bounced off the 50 level
So that's a very good sign

7 mai 2018

Note

And we also have a bull pennant on EOSUSD pair with no breakout as of yet

7 mai 2018

Note

EOS breaking out
I will wait for the candle close before opening a long

7 mai 2018

Note

The candle didn't close above the line
So we still have to wait

7 mai 2018

Note

We had a close above the trend line but volume was not enough
But if we get a close above 4 hour cloud then we take the trade

7 mai 2018

Note

Same stuff happening with EOSBTC as well, not being able to close above the cloud

8 mai 2018

Note

We have a close outside the cloud both in BTC and USD pair
So we enter here with a stop loss being set at the lower cloud