Monfex is at your service and today we overview EOS/USD.
The blockchain company Block.One, which developed the EOS protocol, agreed to pay a $ 24 million fine imposed by the court on charges of SEC of unregistered securities trading during the ICO organized by Block.One in 2017-2018.
Against this background, the price of EOS rose by more than 10%+ in the last 24H against the backdrop of an agreement with the SEC. The asset has become one of the growth leaders among the coins from the TOP-10 list by capitalization.
So it's say us that we need to see at TA.
What do you expect from EOS ?
Correction to Fibonacci levels, they stand as levels of resistance. 50% is our goal.
Period: expected until November-December.
At the moment, the price is in the zone of support for trading volumes and levels.
Active Trade Signal by EOS/USD
- Buy now near $ 2.60 - 3.00
- Take profit $ 3.60 - 4.23 - 5.11
- Stop at $ 2.35
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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.