We are looking at EOS Token on BitMEX, that's EOSM19 and a bullish set up is already in place, let me layout it for you... So please feel free to hit like to show your support.
Take a look at the chart above, what can you see?
We have a green candle breaking above EMA10 and EMA50, with increasing volume... quite bullish.
This is happening after a retrace took place and on a falling wedge, bullish pattern.
The RSI and MACD are both pointing up.
A low was hit and maintained through multiple attempts, yellow circles.
The setup is complete for a long trade.
Profits potential can vary here depending on your leverage, but if you want to see full trade details, buy-in, targets, stop-loss, and additional information, make sure to hit like/follow to show your interest/support, if enough people hit like, we will share the full trade.
Thanks a lot for reading.
This is Alan Masters. This is not financial advice.