EOS local downlink. Potential + 50% for BITFINEX:EOSUSD by SpartaBTC
Now the price is moving in the local downward channel in increments of 50%. The price is now near support, potentially, if support is confirmed in this formation, you can take a local movement + 50%
Points (zones) of a pivot and potential targets, depending on the reaction of the support / resistance level , I showed on the graph.
Stop Loss below the downtrend line. Which is the support of the channel.
EOS Downlink. Pivot points. Channel Trading.
When trading, you need to understand that the coin on a global scale is in a downtrend.