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      featured

      A starter guide to Bitcoin Options trading

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      With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

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      Home Trade Signal

      Trade Recommendation: EOS/BTC

      Hitesh Malviya by Hitesh Malviya
      February 5, 2019
      in Trade Signal
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      Trade Recommendation - EOS/BTC
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      In this article, we will share a possible LONG Trade on EOS/BTC. If you are a spot trader, you can buy EOS/BTC at Bitfinex or other markets you prefer. For leveraged trading, we are using Bitmex, The price data we use in Our Call and Chart is derived from BITFINEX.

      What Is EOS? | Everything You Should Know

      Catalyst for growth

      Huobi Group plans to launch the company’s first cryptocurrency exchange — which will be dedicated to EOS — in the first quarter of 2019, according to an article appeared on cointelegraph

      The exchange will be reportedly launched by Huobi Pool, the group’s cryptocurrency mining arm. Cao Fei, the CEO of Huobi Pool, described the launch of the EOS exchange as “the next logical step in our support” as an EOS Block Producer (BP).

      The release states that the exchange will allow clients to trade in the altcoin EOS against several other cryptocurrencies.

      Houbi is currently doing Trial for upcoming Exchange.

      Technicals

      The chart looks better, showing accumulation in a range from last few days. Candlesticks had formed multiple upper wicks in last two months, which is sign of potential upside move. RSI is neutral, Volume is increasing slowly, Sell Volume is less as compare to buy volume. All this factor showing EOS as a strong coin for potential upside.

      Trade Signal

      Spot Trading Binance

      Buy zone: 0.00063 BTC – 0.000655 BTC

      Sell Zone: 0.00069 BTC – 0.00072 BTC

      Stop: 0.00058 BTC

      Time Frame: upto 7 Days

      Leveraged Trading Bitmex

      Action: Long

      Buy zone: 0.00062 BTC – 0.000645 BTC

      Sell Zone: 0.00067 BTC – 0.0007 BTC

      Leverage: 3X

      Stop: 0.00058 BTC

      Time Frame: upto 7 Days

      Join our telegram channel for more binance and bitmex trading calls.

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