EOS formed bullish Cypher for upto 70% rally

By moon333 | moon333 | 23 Apr 2021


Hi dear friends, hope you are well, and welcome to the new update on EOS coin.

On the daily time frame chart, the price action of EOS has formed bullish Cypher pattern. There is also 100 simple moving average below the buying zone.

sEcrxLgO

https://www.tradingview.com/chart/EOSUSDT/q612oooc-EOS-formed-bullish-Cypher-for-upto-70-rally/ 

 

Buy and sell targets:
Buy between $5.42 to $4.55

Sell between: $6.10 to $7.74

Stop loss:
The maximum extent of the potential reversal zone $4.55 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 70%, and the loss possibility is 17%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

How do you rate this article?


10

1

moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.