SpartaBTC

EOS/USD Price above the channel Flag Pivot points Past idea +80%

BITFINEX:EOSUSD   EOS / Dollar
The price moves above the resistance of the downtrend of the downtrend channel .
Perhaps the canvas of the rising flag is being formed - the maximum goal is the resistance of the downward channel of the main trend.
If, nevertheless, the price cannot convincingly consolidate above the previous channel, then a possible price movement down into the previous channel of accumulation.

Zones ( pivot points ) for observation, and price levels I indicated on the chart.

The algorithm of work, I think, is very clear.
Entry points and under what conditions I will not describe, as I think everything is clear. I previously described them and showed them in past trading ideas on this coin.

One trading idea is to work in this local channel.
Another trading idea is work and movement options on a global scale.

The first trading idea in local work in a downward channel gave + 80% profit in a relatively short period of time.

Entrance area.


Profit a little more + 80%.


Also, please pay attention to the trading idea of the same coin only to a pair of bitcoins - EOS / BTC .

EOS / BTC Channel breakout. A triangle may form.


Actual work on two pairs will be when the BTC / USD pair is pumped before halving or vice versa dumped.
On asynchronous arbitrage of the movement of the price of this coin to Bitcoin , you can make good money. In conjunction EOS / BTC + EOS / USD + BTC / USD.
I made a teaching idea about this about 2 months ago.
This is a difficult job, but profitable.

All successful bidding and big profits.
Comment: +13%
Comment: +24%
Trade closed: target reached: All goals are taken. From the first entry point + 140%
We observe how the price will react to the main resistance of the main trend (resistance of the downward channel). If the price consolidates above it, as I wrote in the trading idea, a reversal of the main trend.
Comment: The instrument clearly moves along the local channel inside the global downward channel.
Comment:

Comments

great idea
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SpartaBTC ProjectSyndicate
@ProjectSyndicate, Thank you very much.
Reply
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