EOS Trade on Jun 1, 2019 06:34 from Marius: Tradervue User Stock Trades.

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Marius

 

BTC and crypto market had a noticeable bounce recovery. There was a coordinated bear attack that cleared out order books both ways which is supposed to explain the price action. EOS had some news which ran up on notable volume. The price action and levels makes sense to me here and looks more bullish than other names. This trades at a lower volume than I'm used to but my position sizing is not as large and will have a closer stop.

  • RVOL D, 4.43 (coinbase) / 1.54 (bitfinex)
  • Market Cap 7.6B
  • ATR 4h, ~0.46

BTCUSD D,
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EOSUSD D, (bitfinex)
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EOSUSD 4h (coinbase) : Notable price action around this level. Price has made it through and it seems to be testing previous resistance areas as support.
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Trade Review
Stopped out at the loss of hourly HL + 8 psych level. Not much strength continuation on bull move. I was thinking EOS to be a stronger due to the RVOL. More of daily EQ forming now. Watching volume here if it will pick up in the space. Also will be scaling down positions further and being more stringent on trades for now with the current price action. Not giving profit back from last month and staring the month on a slight loss. I factored this in with this trade though, as I was scaling back size already since the bigger pullback.
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Execution detail:

Date/time Symbol Side Price Position
2019-06-01 06:34:41 EOS buy $8.320 long
2019-06-01 12:15:59 EOS sell $7.951 0


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