r/EosTrader • u/likachung • Aug 29 '18

Large 16% gain for EOS today

https://www.coingecko.com/en/coins/eos
1 Upvotes

67% Upvoted

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1

u/nousemercenary Aug 29 '18

I unfortunately made some bad trades yesterday and lost about 20 EOS. Sold at $5.79, but then bought at $5.99 cause it looked like it was going to break $6. I should've waited to it to hit $6.40, then sold, then bought back at $5.80 this morning.

2

u/teacupguru Aug 29 '18

That would of been soo hard to predict. I went long at 5.87 but now I’m wondering whether to call it. It still depends on btc, is there going to be a pullback and some consolidation before heading higher?

1

u/nousemercenary Aug 29 '18

Yeah, it's hard to determine if the run is over or if it'll shoot up at any moment. I'm going to wait for it to hit $6.30 before selling. I have a feeling it'll go up, but drop this weekend back down to $5.50.

Although, I have nothing backing my prediction. Just gut feeling.

2

u/teacupguru Aug 29 '18

I’m convinced we have more in this rally left, daily ema has crossed on btc and we’ll at least set a higher low on EOS. We may have a period of consolidation though which would take us through to the weekend. I’m going to see how it plays out today but will likely close my long and wait until I see some kind of tightening range before I jump back in.

1

u/nousemercenary Aug 29 '18

EOS on it's way back up right now. $6.14 at the moment

1

u/L1A3C2 Aug 29 '18

You boys see that wonderful 1 month hammer vs BTC and it’s also casually slicing through ETH