Now there is no entry point, but there is only an interesting situation for observation.
Entering the market only in cases of breakdown or pullback after the breakdown of the resistance / support of the triangle. The coin allows you to work on the market both short and long.
In cases of breakdown up, he will act as the canvas of the ascending . Its target are the resistance of the main channel (red line). Overcoming it and consolidating above it will mean a reversal of the main trend to the upward one. Now the main trend is still downward.
In the event of a breakthrough of the support of the triangle, a downward triangle will be confirmed - the goal of the previous support in the region of $ 1.50. This zone may become a reversal as in the past.
Past trading ideas EOS / USD.
Profit exactly + 140% from the minimum to the maximum of the reversal zones.
EOS local downlink. First Potential Move + 50% Dec 6, 2019
+ 80% If the price consolidates above the resistance of this local channel, the potential is to the line of the downtrend trend of the main channel.
EOS / USD Price above the channel Formir. flag canvas Previous idea + 80% Jan 27 2020
All targets taken with sniper accuracy + 140%
From the resistance of the main (observation zone), the price reversed.