$EOS/USDT 2D (Binance Futures) Ascending channel on support

21 mai 2021

Eos has retraced down a lot and seems to be bottomed here, time to look back up for mid-term.

Current Price= 5.642
Buy Entry = 5.670 - 5.170
Take Profit= 7.669 | 11.156 | 21.218
Stop Loss= 3.916

Risk/Reward= 1:1.5 | 1:3.81 | 1:10.5
Expected Profit= +41.49% | +105.83% | +291.48%
Possible Loss= -27.75%

Fib. Retracement= 0.5 | 0.786 | | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3 months

26 mai 2021

Transaction en cours

Both entries filled

Eos dipped as planned so far, time of truth, support must hold!

26 mai 2021

Trade fermée: ordre d’arrêt atteint

SL hit with -27.75% (1x) and -1R

Eos kept going down, this is so unreal and we were so not prepared for that, what a pity!

26 mai 2021

Note

Went back up +20.13% (1x)

Eos finally bounced on 200MA, exactly where we should have been waiting for it.
We were right about the recovery but we entered way too early and suffered for nothing...
Anyway, trading has no mercy, sometimes we win, other times we learn!