• Cryptocurrencies: 2880
  • Markets: 20679
  • Market Cap: $264392704879.52
  • 24h Vol: $50343940050.615

EOS Unloving Continues

EOS to continue Unloving

EOS following their Mainnet launch in May has come crashing down from highs of $19 to $8. As a result of a lack of conferences or any material technology changes, Nouvive believes that EOS during this unloved, bearish Season has found an appropriate position to short EOS from.

Positive news may come about over the new few months, a longer time frame, representing a lack of draw down from this short. Block.One, EOS’s backer has started funding new projects, taking time off their big daddy coin. In November, EOS will start to see a move towards the Upside.

Nouvive recommends entering short positions using a strategy known as Dollar Cost Averaging, this will have a specific average price to which you will enter.

 

Enter 50%: 0.0012194

Enter 50%: 0.00117739

Take Profit 50%: 0.00086197

Take Profit 50%: 0.000555

Profit: 120%

Stop Limit: 0.001247

Risk: 5%

Time: 6 Weeks

 

Probability – 79%

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

Show Your Views:
  •  (0)
  •  (0)
  •  (0)
  •  (0)
277

ViFeed Indicators

Bitcoin (BTC)
$10035.73
52.00 RSI
0.33%
Hold
Ethereum (ETH)
$209.97
57.00 RSI
-2.03%
Hold
XRP (XRP)
$0.28
47.00 RSI
-3.60%
Hold
Bitcoin Cash (BCH)
$307.28
55.00 RSI
-1.03%
Hold
Litecoin (LTC)
$72.29
55.00 RSI
-1.00%
Hold
Tether (USDT)
$1
29.00 RSI
0.01%
Buy
EOS (EOS)
$3.82
39.00 RSI
-4.32%
Buy
Binance Coin (BNB)
$20.3
44.00 RSI
-3.20%
Buy
Bitcoin SV (BSV)
$119.75
39.00 RSI
-1.67%
Buy
Stellar (XLM)
$0.07
63.00 RSI
-3.03%
Hold
Do you withdraw your profit?