EOS / BTC Line chart. The main trend. Potential trend reversalI specially show the main trend of this trading pair on a line chart in order to remove the "market noise". Perhaps we are witnessing the emergence of a new uptrend. At the moment, the price is in the zone of historical lows.
Locally, in the secondary trend, the price leveling occurs, thereby forming the "Dragon" pattern. Two "paws" have formed. It will only be confirmed when the price breaks the downtrend of the secondary trend (purple). The reversal of the main downtrend itself will occur only when the price can overcome the red line shown on the chart.
The situation on this trading pair is similar to both ATOM/BTC before the reversal (at the moment about + 300% from the entry point).
The section of the graph of this trading situation in the secondary trend where the "Dragon" pattern is formed.
EOS / BTC Secondary Trend Potential Dragon and Pivot Zone