Balkoins
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@Balkoins
Joined Nov 2018
Detroit, MI
Balkoins.com
EOS Daily Chart: Showing a reversal after a strong move down. The ADX is beginning to flatten out and we are way oversold for about 2 weeks. Stop loss is at the bottom of the complete downward movement, take profit slightly under a minor resistance level. The MACD is also showing signs of an impending cross to the bullish side.
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More from Balkoins
Liking NEO on the daily chart, I am writing this as it is at the price of $8.11, if it closes on the 4H above $8.20 I am entering. MACD is healthy, ADX indicating the trend is strong for the 4H. RSI on the daily chart is also a good indication for room to grow. Take profit placed at the next resistance on the daily of about $8.45.
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Daily MACD looking to turn bullish. Great momentum so far. RSI is not oversold yet. On the verge of breaking a resistance trend line. Looking to get in and out of this quick with about a 20% gain. Stop loss at 263 satoshis.
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Buying Tube here on support (High green line), will add more to my position if it reaches lower support (Low green line). RSI is oversold already bouncing up a bit, but that MACD is what I am worried about. Hope to get in and out of this one quick and not have to hold it into that lower support line. Tube has some strong fundamentals and I think is capable of a push into that profit taking green zone.
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