EOS EOS/USD is trading at the level of 17.77. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat EOS trend. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 16.50 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the aim near the level of 24.00.
EOS forecast & analysis EOS/USD May 5, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the uplink, as well as a test of the support level. Earlier, a weak signal was received for sell of EOS, 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 quotes below the area of 15.50, which indicates a change in the flat 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 20.50.
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