EOS/USD Secondary trend.

Secondary trend. Logarithmic graph. Time frame 3 days. Reversal zone.

Mirror resistance zone (former long-term support). There may be a significant rollback from it, or at least a stop and consolidation in this zone, provided that the secondary downtrend (price movement direction) is broken (purple line).

From the highs of this secondary trend, the price fell by exactly -93% to the level of 0.93. An interesting coincidence, isn't it?

Coinmarketcap: EOS

The same parameters, but on a line chart.

EOS/USD Main trend

EOS/USD Main trend. Channel

Comment:

Local work. Reversal zone. %

Local trend. Logarithmic graph. Time frame 1 day. Reversal zone. Percentage of key zones.

Mirrored resistance zones are shown in grey. There may be a significant rollback from them, or at least a stop and consolidation in these zones. Trend lines (price movement directions) are shown on the chart, their importance and strength (long-term in time) are highlighted in the appropriate color.

From the highs of this secondary trend, the price fell by exactly -93% to the level of 0.93. At the moment, the price is entering the first resistance zone , which, in case of fixing in it, can become a "launching pad for a strong impulse (mirror structure).

Comment:

Comment:

Price is still in a horizontal channel of 317 days with increments of 120%. The price is $1.1813 at the moment.

EOS Network Ventures gives $20 million to create Dapps and games on EOS blockchain

Comment:

Pay attention to this cryptocurrency. Showed local price movements from this zone of the horizontal channel. Remember, any price in the accumulation zone is acceptable. Before a local decline, the purchase seems expensive, but after a while in the distribution zone it seems very successful and cheap.

Comment:

Local reversal zone.
Important mirror resistance level (former support) marked in yellow color. Percentages from the reversal zone to key local support/resistance levels are shown for clarity and general picture.