EOS EOS/USD is trading at the level of 17.02. 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 Ichimoku Kinko Hyo signal lines is expected near the level of 16.00, 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 21.00.
EOS forecast & analysis EOS/USD April 28, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel. Earlier, a strong signal was received for buy of the EOS cryptocurrency, due to the crossing of the signal lines at the level of 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 quotations below the 12.00 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 18.00.
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