SpartaBTC

EOS / USD Main trend. Triangle 1444%. Breakdown 18.22 / 44

SpartaBTC Updated   
The graph (logarithmic) shows the main trend of cryptocurrencies like EOS versus USD. The base of the triangle is 1444%. Its maximum formation target is the $ 44 -46 zone. Now there is a breakdown of its resistance (for the third time) from $ 3.
The resistance of this triangle acts as the descending line of the main trend.
The accumulation took place in the area of ​​$ 2.44-3.
Please note that the lows of this cryptocurrency showed such numerical values ​​as 0.4972 and 1.1813.
The high prices were 18.22, followed by 5.4882.
The coin is suitable not only for local speculation, but also for positional trading.
It is from time to time in the top ten of the TOP. Now in 17th place.
This is not just a price chart for speculation.
Comment:
the price reached the first price level, around + 90% since the triangle resistance breakout.
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+83%
Comment:
breakdown of the resistance of the local triangle. This triangle can act as a canvas of an ascending pennant. Pay attention to the flagpole 44.69% and from the breakdown of this resistance of the triangle to the resistance of the potential upward channel, similarly 44% if the momentum is not strongly stretched in time
Comment:
+26 exactly to the specified local price level zone. Rollback from him. Entry on a local trend reversal on a breakout or pullback after a breakout of a downtrend. Be careful in your work, do not be deceived by false breakouts.
Comment:
+ 29% from 5.48 pivot level. The price is moving in an upward channel. Important areas are shown in the graph. With a high degree of probability, there will soon be a stream of news to guide price movement.
Comment:
+ 141% from the breakout of the local downtrend and from the reversal level of 5.48 Price on the impulse reached $ 13.18

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