EOS - Support & Resistance / MACD.EOS seems to look quite bullish accordingly to the graph, we have recently seen this coin have a large run up over the recent month where the coin is now consolidating. You should follow the support and resistance lines on the graph to make the most accurate trading decision, if we fall below the supply line (support) it is likely that that trend will continue, conversely if we break through the resistance prices will shoot even higher.
The MACD lines look to be crossing soon, keep an eye out for this as it counts as a key indicator of an upcoming increase.
Orange - Resistance.
Purple - Support.
Trade the lines accordingly.
Eosusdlong
EOS/USD LONGHi mates,
It seems that EOS/USD has bottomed, and slowly gaining strength. The bearish rejection exhibits a buy signal, as the descending triangle resistance is broken! TP1 is targeted at $1.2, TP2 at $2.13 & TP3 at $4.2.
Best of luck and happy trading!
P/S Please exercise due-diligence and risk-management in trading. Cheers!
EOS... What is the right price of an apple cake ?Just a consideration..
EOS is a token based on ethereum. ( EOSUSD ETHUSD )
It use and expand ethereum technology.
Imagine that ETHUSD is an apple fruit. it cost 331 USD / kg
Imagine that EOSUSD is a apple cake .. ( something build with an apple ) it cost 1.30 USD / kg
Now the big question ...
May an apple cake cost 1 / 300 of an apple fruit ?
it's oversold .. it's uppertrend = it's longthe price is approacing the ascending trendline.
I sugged a long position on this cross.
Important movement may occurs
The same will occurs for eosbtc and eosusd that have a similar situation