EOS EOS/USD is trading at the level of 16.70. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in EOS. Ichimoku Kinko Hyo Cloud is expected to test near the level of 15.50, from which it is expected to rebound and try to continue the growth of the cryptocurrency with the aim near the level of 22.00.
EOS forecast & analysis EOS/USD on May 2, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the channel, as well as a test of the support level. Earlier, a weak signal was received for sell of EOS cryptocurrency, due to the crossing of signal lines at the level of 19.50.
The cancellation of the growth of EOS quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 13.50, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations EOS/USD stands with the breakdown of the resistance area and the closing above the level of 22.00.
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