EOS EOS/USD is trading at 4.77. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in EOS. The test area of the Ichimoku Kinko Hyo signal lines is expected near the level of 5.00, from which we should expect a rebound and an attempt to continue the fall with a target near 4.0.
EOS forecast & analysis EOS/USD on March 18, 2018
An additional signal in favor of the fall of the cryptocurrency will be the bearish trendline of the trend. Earlier, a strong signal was received for sell of EOS cryptocurrency, due to the crossing of signal lines at 5.75.
The cancellation of the variant of falling quotations of EOS will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 6.00, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations EOS/USD is with the breakdown of the support area and closing below the level of 4.50.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
