Hello, Traders!
Monfex is at your service and today we overview EOS/USD.
A week ago, in one week the number of participants in the EOS network fell by 43%. But EOS continue to grow.
Now EOS under and near the resistance line of the big descending channel and it's can be signal to sell. Also we have key resistance level by breakout of which we can open long position. By breakout the local support line EOS can reach main support zone.
In case of breakout 61.8% Fibonacci level at daily chart - EOS open target of 38.2%.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed 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 trading assets. 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.
Monfex is at your service and today we overview EOS/USD.
A week ago, in one week the number of participants in the EOS network fell by 43%. But EOS continue to grow.
Now EOS under and near the resistance line of the big descending channel and it's can be signal to sell. Also we have key resistance level by breakout of which we can open long position. By breakout the local support line EOS can reach main support zone.
In case of breakout 61.8% Fibonacci level at daily chart - EOS open target of 38.2%.
- The local resistance zone ~ $3.60-3.70
- The local support zone ~ $3.50-3.425
Supposed Trade Signal by EOS/USD
- Buy by breakout $3.70
- Take profit ~$4.25
- Stop loss at $3.535
- Market Cap
$3 314 521 826 USD
- Volume (24h)
$2 266 832 638 USD
- Circulating Supply
939 683 825 EOS
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed 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 trading assets. 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.
