thomasfar6

EOS - Support & Resistance / MACD.

Long
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.