These are the key buy and sell levels I am watching on the EOS BTC daily chart assuming the bullish momentum continues. But of course it is wise to carefully observe price action at these key levels and trade according to your trade objectives.
For me stop loss is not important as I am trading EOS to BTC. They both have strong fundamentals going forward and I am happy to have a bag of either of these two coins, but the goal is to increase the value of my EOS bag. I am not a pure Elliot wave trader but you can see how these five waves (3 impulse and 2 corrections) could potentially play out in confluence with established market structure.
For me stop loss is not important as I am trading EOS to BTC. They both have strong fundamentals going forward and I am happy to have a bag of either of these two coins, but the goal is to increase the value of my EOS bag. I am not a pure Elliot wave trader but you can see how these five waves (3 impulse and 2 corrections) could potentially play out in confluence with established market structure.