EOS EOS/USD is trading at 8.74. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in EOS. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 8.45, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with the target near the level of 10.50.
EOS forecast & analysis EOS/USD April 18, 2018
An additional signal in favor of the growth of the cryptocurrency will be the test of the upper limit of the «Wedge» model. Earlier, a weak signal was received for the sell of the EOS, due to the crossing of the signal lines at 8.20.
The cancellation of the variant of EOS quotations growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 7.50 area, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations EOS/USD is with the breakdown of the resistance area and the closing above the level of 9.50.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
