EOS/USDT Secondary trend. Wedge.

Secondary downtrend after pumping from the breakout of the big triangle (+ 350% + 400%). A falling wedge is forming in a secondary downtrend. Price within the formation.

Enter on a breakout or pullback after a breakout of the resistance of a given formation. Perhaps, after a breakdown, they can begin to form an accumulation zone of 30-50% (as a logical option for work, no more).

This coin is quoted on many exchanges (high liquidity), and also, thanks to margin trading, allows you to work in two directions in a developing trend. This generates additional income, provided that the person is not "sick" with greed, which intensifies the symptoms of stupidity.

Past trading idea for this EOS / USD pair
From breakout and rollback after breakout, the profit is about + 400% $ 3.2 -15 $
EOS / USD Main trend. Triangle 1444%. Breakdown 18.22 / 44

+ 400% $ 3.2 -15 $ If the work was carried out in a trend, then perhaps an order of magnitude more profit was taken due to the work with a complex % of the local profit (renewal of the work).

For orientation in potential price movement, who also works on this coin in a pair to BTC.

The main trend of the EOS / BTC pair
+ 240%
EOS / BTC Line chart. The main trend. Potential trend reversal

Medium-term work in the EOS / BTC pair
+ 240%
EOS / BTC Secondary Trend Potential Dragon and Pivot Zone

Comment:

There is a breakdown of the wedge resistance + 17%

Comment:

Local resistance zone the price could not overcome the first time after the breakdown of the wedge. 4.15 - yellow (before) green (now) level, Rollback, thereby forming a double bottom. Work in a sideways direction.

Comment:

+60% Gartley butterfly formed. +35% since last update.

Comment:

A local wedge was formed on the pullback. The price is now breaking through its resistance and the level of 5.35 (internal channel resistance to work). Important zones of levels to work showed by arrows.

Comment:

The situation and the chart is very similar to LTC/USD. Triangle wedge and false breakdown of its resistance, all stops are cut off. Note how the squeeze after the false breakdown reached exactly the level of 4.3. This is the average value of this sidewall (set). Local levels from which the development of this trend is dependent on showed arrows. The denouement is coming soon. Similar as on LTC/USD

Comment:

Local operation in the horizontal channel.

Comment:

+40% from the bottom of the horizontal channel. The price is approaching the resistance of the channel. A local ascending triangle is forming.

Comment:

A triangle has formed in the secondary trend. Volatility decreases, the price is clamped. Potential reversal zone. At the moment now the price is $ 5.19