EOS Price Analysis: EOS/USD Trends of November 5-11, 2018

2018-11-5 11:36

CoinSpeaker
EOS Price Analysis: EOS/USD Trends of November 5-11, 2018

Key Highlights: EOS price may sink to the lows of $4.6; consolidation is ongoing; the support level of $5.2 may be broken. EOS/USD Price Long-term Trend: Ranging

Resistance levels: $6.0, $6.6, $7.3
Support levels: $5.0, $4.6, $4.0EOS price is still ranging on the daily chart. The coin started sideways movement within the price range of $6.0 resistance level and $5.0 support level since September 24. It made an attempt to break out the support level of $5.0 with the formation of a strong bearish candle that indicate the pressure from the bears, the bulls return the EOS price into the bound range.

On October 15, the bulls also pushed the EOS price up to a resistance level of $6.6 before the bears rejected the uptrend movement. As long as the EOS price remains within the price range of $6.0 and $5.0 sideways movement continues until the bears or bulls gain enough momentum for the coin to rally.

EOS price will sink to the lows of $4.6 if the bears break down the support level of $5.2. On the upside, a bullish rally will ensure that the resistance level at $6.0 is broken, then, the price will rally to the $6.6 price level which is the upper resistance level of price.

It is illogical to place a trade when EOS price is still consolidating. Moreover, the Stochastic Oscillator period 14 is above 50 levels with the signal lines point to the north which indicates EOS price moving towards the north.

EOS/USD Price Medium-term Trend: Bullish

On the medium-term trend, EOS price is bullish. The cryptocurrency has broken the two exponential moving averages (EMAs) upside which acts as dynamic support and resistance. The EOS price is presently above the 21-day EMA and 50-day EMA with 21-day EMA crossed the 50-day EMA upside indicating that the price is in the uptrend movement and the bulls are in control of the market.

The bulls have gained enough pressure that is pushing EOS price up to the north and it can break the resistance level of $6.0. Before the coin can reach and break the support level of $5.2 the bears have to reject the present uptrend movement and increase their momentum. Nevertheless, the Stochastic Oscillator period 14 is above 60 levels with its signal lines pointing downward, which indicates the sell signal.

EOS Price Analysis: EOS/USD Trends of November 5-11, 2018

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EOS (EOS) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.9581
Капитализация $0 Rank 99999
Цена в час новости $ 5.3886 (-100%)

eos price 2018 5-11 level november usd

Источник: coinspeaker.com

eos price → Результатов: 126


EOS Price Analysis EOS / USD: Whatevs

EOS has a bullish short-term outlook, with the cryptocurrency recently posting a fresh 2019 trading high The four-hour time frame shows that the bullish inverted head and shoulders pattern has reached its full upside projection The daily time frame shows that price is now moving back towards neckline support EOS / USD Short-term price analysis […] The post EOS Price Analysis EOS / USD: Whatevs appeared first on Crypto Briefing.

2019-6-3 17:08


EOS / USD Price Analysis: Pressured

EOS is bullish in the short-term, with the cryptocurrency still holding price above major technical support The EOS / USD pair continues to trade above its 200-day moving average The daily time shows that a bullish inverted head and shoulders pattern has formed EOS / USD Short-term price analysis EOS has a bullish short-term trading […] The post EOS / USD Price Analysis: Pressured appeared first on Crypto Briefing.

2019-4-23 18:01


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