EOS EOS/USD is trading at the level of 14.47. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in EOS. The test area of Ichimoku Kinko Hyo signal lines near the level of 14.00 is expected, from which we should expect a rebound and an attempt to continue the growth of the crypto currency with the aim near the level of 19.00.
EOS forecast & analysis EOS/USD April 27, 2018
An additional signal in favor of the growth of the cryptocurrency will come from the lower bound of the «Triangle» model. Earlier, a strong signal was received for buy of the EOS cryptocurrency, by crossing the signal lines at 8.50.
The cancellation of the growth scenario for EOS quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the 11.00 area, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations EOS/USD stands with the breakdown of the resistance area and the closing above the level of 15.50.
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