EOS Bulls Seems Strong: Right now EOS is trading at $ 6.25.EOS bulls are holding the movement strongly and facing sideways correction regularly while moving up. Globalxchange.
Price is moving near the resistance of $6.43. Price has already crossed 200 days MA. The trend still has the momentum to reach the target of $9.60.
KST is showing the trend is positive. Stochastic is near overbought position. Ichimoku cloud is indicating the bullish trend. Right now the convergence line is moving above the baseline. Global exchange.
The chart is showing that we can see a little correction in the trend. The market is hesitating to cross the resistance of $6.43.
Globalxchange. Currently, in the chart, we can see the near resistance at $6.43. The near support is at $4.91. The price level of $ 9.6 can be seen if bulls break the resistance of $6.43.
Otherwise, we can see the correction to the price level of $4.91. To take a profitable position wait for the break of the resistance and chose the target of $6.43. Global exchange.
Another case with higher possibility is after the correction we can see a bounce back to $6.43. Wait for the signal for the market and take position accordingly.
Comments
Post a Comment