Long
EOS/BTC - leading diagonal, intraday setup
EOS is master in forming raising wedges, very popular pattern on this crypto. When you see raising wedge in the 1st wave, it´s called LEADING DIAGONAL - it means, that we won´t see dump below the low, but we will only see retracement to 0,382 or 0,618 and then we will see 3rd wave up. I highlighted two supports and price should bounce from one of them and continue higher.
Order cancelled
This setup is no more valid.Trade active
I am in LONG, my entry is 4034, target 4296.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.