EOS EOS/USD is trading at 6.40. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in EOS. As part of the forecast of the course of the cryptocurrency, Ichimoku Kinko Hyo signal line area test is expected near the level of 6.20, from which we should expect a rebound and an attempt to continue the growth of the digital currency with the target near the level of 7.50.
EOS forecast & analysis EOS/USD September 4, 2018
An additional signal in favor of the growth of the EOS cryptocurrency will be a rebound from the support area, as well as a test of the lower boundary of the bullish channel. Earlier, a weak signal was received for buy of EOS cryptocurrency, due to the crossing of signal lines at 4.85 level.
The abolition of the EOS cryptocurrency growth option will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below the 5.45 area, which will indicate a change in the bullish trend in favor of the bearish trend and the continued fall of the digital currency. Expect the acceleration of the growth of quotations EOS/USD is with the breakdown of the resistance area and the closing above the level of 6.85.
EOS forecast & analysis EOS/USD September 4, 2018 is an attempt to develop a correction of the cryptocurrency and a test of the level of 6.20, from which we can expect the continuation of the growth of the EOS rate with a potential target near the level of 7.50, the cancellation of the growth variant will make a strong growth and breakdown of the region 5.45, in this case It is worth waiting for the continued decline.
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