TradingSig

EOS/USD, Daily Chart Analysis 4/29

EOS coin has expanded its up move. It has cracked the all-time high of $18.6700 reached on January 13 of 2018 to establish a new lifetime high of $23.0290.

I expect the bears to offer a stiff resistance again at the lifetime highs of $23.0290. We need to wait for consolidation and confirmation of Trade Selector Signal strategic 'Coin Rally' completion of 22.7700 level before suggesting any fresh short positions. On the downside, the Mean support levels lay at 18.7700 and 14.4600 with Key support at 11.1300.
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.