EOS Daily Price Forecast – November 22

2018-11-22 09:49

EOS/USD Medium-term Trend: Ranging

Resistance levels: $ 6, $7, $8.
Support levels: $4, $3, $2.

Yesterday, November 21, the price of EOS was in a sideways trend. On November 20, the digital currency fell to the low of $3.72 and commenced a range bound movement at the same price level. A bullish candlestick is testing the 12-day EMA. Price is expected to break the 12-day EMA and the 26-day EMA and remain above it.

Meanwhile, the crypto's price is still below the 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. Also, the MACD line and the signal line are below the zero line which indicates a sell signal.

EOS/USD Short-term Trend: Bullish

On the 1-hour chart, the price of EOS is in a bullish trend. On November 21, the digital currency reached a low of $3.78 and commenced a bullish movement. Price of EOS is now above the 12-day EMA and the 26-day EMA indicating that price is likely to rise.

Also, the MACD line and the signal line are above the zero line which indicates a buy signal. Traders can initiate long trades in anticipation of a bullish trend. Price is likely to face resistance at the $0.50 price level.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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EOS (EOS) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.9581
Капитализация $0 Rank 99999
Цена в час новости $ 3.7314 (-100%)

november price eos trend levels commenced range

Источник: bitcoinexchangeguide.com

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