EOS Kennedy Channels (May 2018)
EOS / Dollar BITFINEX:EOSUSD
EOSUSD . Kennedy channels plotted. Watch for price action where base/acceleration/deceleration lines meet as these represent decision points.
* Blue = base channel
* Green = acceleration channel
* Red = Deceleration channel
Once primary channels are broken parallel ‘auxiliary’ channels offer a matrix of support/resistance .
* Darker shade = primary channels
* Lighter shade = auxiliary channel