EOS EOS/USD is trading at the level of 10.49. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in EOS. The test area of the Ichimoku Kinko Hyo signal lines near the level of 10.00 is expected, from which one should expect a rebound and an attempt to continue the growth of the crypto currency with the aim near the level of 12.00.
EOS forecast & analysis EOS/USD April 21, 2018
An additional signal in favor of the growth of the cryptocurrency will be the test of the support area, as well as the test of the lower boundary of the channel. Earlier, a strong signal was received for buy of the EOS, by crossing the signal lines at 8.50.
The cancellation of the growth of the EOS quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the 8.00 area, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations EOS/USD is with a breakdown of the resistance area and closing above the level of 11.00.
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