EOS DAY TRADE PLAN Apr 15 2019

BITFINEX: EOSUSD

Long entry: 5.425 - 5.52
Stop loss: Roughly 5.325
Take Profit: 5.7, 5.8, 5.9, 6, 6.5
Expected Call Duration: 1 days to 1 week

Position Percentage: 20%
Leverage: x 2

Risk Level: Medium
Call strength: Medium High

Indicator: 9 Seasons Rainbow Multiple Time Frames Pattern PRO

Signals:
Bull (Green), Bull Pullback(Light Green) across almost all the ribbons
One Overbought (Yellow) in 8H remind us resistance of previous high: 5.85-6.1
BCH BAB is leading the market with outstanding strength, so EOS, LTC is expected to follow.
AB - CD, a continuous run of yesterday's rise.

DISCLAIMER
This is only a personal opinion and does NOT serve as live trade call NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.

Trade chiuso: stop raggiunto:

Net ROI with Leverage: -5.79%, after deducting Fees (0.2%)

Commento:

Net ROI with Leverage: -1.16% to Total Balance
The support of 5.47, 5.4 were broken. The whole market collapsed to Yesterday's Level.

Commento:

Conclusions:
Overbought (Yellow) in High Level, 8H in this instance, can mean Bearish strength, besides resistance of previous high.
In Crypto market, it is risky to associate coins with each other, sometimes a coin leads other, sometimes not.
In Side Way, It is dangerous to raise support levels.