EOS is set up for a rise !
Hi, Traders ! Monfex is on the air !
Our today's pick is EOS - cryptocurrency designed to support large-scale applications.
* EOS's network is expanding further with one of Spain’s largest travel agencies - Destinia to include EOS in its payment options.
* Technically, EOS is speeding up the recovery after falling by more than 1$ (30%) in price - from $3.80 to $2.70.
* Considerable volume is registered on the sharp sell-off. After that, the price found the short-term balance and consolidated at $2.70 - 2.90 level. The new bullish wave is expected to start off from this level.
* MACD shows strong bullish divergence between the bottoms of Mid'July and End'September.
* According to the main rules of a trend initiation, EOS is currently gaining motion on the way to the 1st target at around $4.00.
* We expect EOS to be among the top-picks - cryptos that could shoot up significantly in the mid-term.
Active trade signal
Buy @$3.00 - $3.20.
Nearest Target: $4.00.
Stop-loss: $2.60.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Our today's pick is EOS - cryptocurrency designed to support large-scale applications.
* EOS's network is expanding further with one of Spain’s largest travel agencies - Destinia to include EOS in its payment options.
* Technically, EOS is speeding up the recovery after falling by more than 1$ (30%) in price - from $3.80 to $2.70.
* Considerable volume is registered on the sharp sell-off. After that, the price found the short-term balance and consolidated at $2.70 - 2.90 level. The new bullish wave is expected to start off from this level.
* MACD shows strong bullish divergence between the bottoms of Mid'July and End'September.
* According to the main rules of a trend initiation, EOS is currently gaining motion on the way to the 1st target at around $4.00.
* We expect EOS to be among the top-picks - cryptos that could shoot up significantly in the mid-term.
Active trade signal
Buy @$3.00 - $3.20.
Nearest Target: $4.00.
Stop-loss: $2.60.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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