EOS May Show Correction:

Price Analysis

Price is moving above the trend line. The EOS has crossed the resistance of $6.43. The trend seems bullish. The price level of $9.6052 can be seen if the bulls remain in the market, Trading volume is sufficient.  Price is moving near the upper trend line. There are chances of some correction in the trend. Globalexchange.

RSI is near the overbought zone. RSI is at value 67.98. Stochastic is in the overbought zone. Price is in the uptrend and is gaining momentum. Globalxchange. Ichimoku cloud is showing a bullish trend. Conversion Line is moving flat and above the baseline. MACD is showing momentum in the graph.

Strategy

Currently, the price is moving near the upper trend line. So taking the position before the chances of correlation is not a wise thing. Price level of $6.43 can be seen If prices go down. globalexchange. Price is continuously moving in the upward direction.

Global exchange. To take a profitable position wait for a small correction.  The stop loss should be around $6.4