Resistance levels: $ 6.0, $6.5, $7. 0
Support levels: $5.0, $4.5, $4.0

Yesterday, September 20, the price of EOS was in a sideways trend. Today, the price of EOS is now in a bullish trend. Traders are to look out for buy setups so as to initiate long trades. In a bullish trend, traders are to buy low and sell high. Price is expected to reach the highs of $6.0 and $6.5

Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of EOS is above the 12-day EMA and the 26-day EMA which indicates that the price is in a bullish trend. Nevertheless, the Relative Strength Index period 14 is level 74 which indicates that price is in the bullish trend zone.

On the 1-hour chart, the price of EOS is in a bullish trend. The price of EOS reached the high of $5.93 and commenced a range bound movement. On the chart, the price of EOS is above the 12-day EMA and the 26-day EMA which indicates that the price is rising. The MACD line and the signal line are above the zero line which indicates a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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