EOS EOS/USD is trading at 5.89. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an uptrend. As part of the EOS forecast & analysis EOS/USD October 9, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 5.65, from which one can expect a rebound and an attempt to continue the growth of the digital currency with a potential target near the level of 6.40.
EOS forecast & analysis EOS/USD October 9, 2018
An additional signal in favor of the growth of EOS cryptocurrency will be a rebound from the support area, as well as a test of the upper limit of the «Triangle» model. Previously, a strong signal was received for buy of cryptocurrency EOS, due to the crossing of signal lines at the level of 5.80.
Cancellation of the EOS cryptocurrency growth option will be a breakdown of the Ichimoku Kinko Hyo Cloud lower bound with a close of quotes below 5.60, indicating a change in the upward trend in favor of the downward trend and the continued decline of the digital currency. Expect the acceleration of growth of quotes EOS/USD stands with the breakdown of the resistance area and closing above the level of 6.00.
EOS forecast & analysis EOS/USD October 9, 2018 suggests an attempt to develop cryptocurrency correction and a test level of 5.65, from which we can expect further growth of the EOS rate with a potential target near the level of 6.40, the cancellation of the growth option will be a breakdown of 5.60, in this case we can expect a continuation the fall.
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