EOS fell by 0.28% on Monday. Following a 3.64% gain on Sunday, EOS ended the day at $4.6320.
A bullish start to the day saw EOS rise to an early morning intraday high $4.7226 before hitting reverse.
Falling short of the first major resistance level at $4.7946, EOS slid to an early morning intraday low $4.4642.
EOS fell through the first major support level at $4.4710 before briefly revisiting $4.70 levels.
A late pullback, however, saw EOS fall back to sub-$4.65 levels and into the red.
At the time of writing, EOS was down by -0.40% to $4.675. A mixed start to the day saw EOS fall to an early morning low $4.5623 before rising to a high $4.6965.
EOS left the major support and resistance levels untested early on, it would need to avoid a fall back through the $4.6063 pivot to bring the first major resistance level at $4.7483 into play.
Support from the broader market would be needed to break out from Monday’s high $4.7226.
Barring a broad-based crypto rally, the first major resistance would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $5.00 levels before any pullback. The second major resistance level sits at $4.8647.
A fall back through the $4.6063 pivot would bring the first major support level at $4.4899 into play.
Barring an extended sell-off, however, EOS should steer clear of sub-$4.40 levels. The second major support level sits at $4.3479.
23.6% FIB Retracement Level: $6.52
38% FIB Retracement Level: $9.68
62% FIB Retracement Level: $14.77
- Our option for #EOS is WAITING FOR A BREAKOUT.
Do your research before any trade or any investment, make your own decision, be patient and look long term wisely.
Please comment, like and follow if this post helped you.
Thank you for your time.
Have a profitable trading.
| Review and analysis by Samadi.Finance |
A bullish start to the day saw EOS rise to an early morning intraday high $4.7226 before hitting reverse.
Falling short of the first major resistance level at $4.7946, EOS slid to an early morning intraday low $4.4642.
EOS fell through the first major support level at $4.4710 before briefly revisiting $4.70 levels.
A late pullback, however, saw EOS fall back to sub-$4.65 levels and into the red.
At the time of writing, EOS was down by -0.40% to $4.675. A mixed start to the day saw EOS fall to an early morning low $4.5623 before rising to a high $4.6965.
EOS left the major support and resistance levels untested early on, it would need to avoid a fall back through the $4.6063 pivot to bring the first major resistance level at $4.7483 into play.
Support from the broader market would be needed to break out from Monday’s high $4.7226.
Barring a broad-based crypto rally, the first major resistance would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $5.00 levels before any pullback. The second major resistance level sits at $4.8647.
A fall back through the $4.6063 pivot would bring the first major support level at $4.4899 into play.
Barring an extended sell-off, however, EOS should steer clear of sub-$4.40 levels. The second major support level sits at $4.3479.
23.6% FIB Retracement Level: $6.52
38% FIB Retracement Level: $9.68
62% FIB Retracement Level: $14.77
- Our option for #EOS is WAITING FOR A BREAKOUT.
Do your research before any trade or any investment, make your own decision, be patient and look long term wisely.
Please comment, like and follow if this post helped you.
Thank you for your time.
Have a profitable trading.
| Review and analysis by Samadi.Finance |
Trade active:
EOS buying pressure is increasing, looking for a good investment?
Buy & Hold | +ROI
Investment Suggestion: LONG-TERM
Holding Duration : Min 6 month
Increase Probability: 88%
Fundamental Report: POSITIVE
Technical Report: POSITIVE
News Report: POSITIVE
Thank you for your time.
Have a profitable day.
Buy & Hold | +ROI
Investment Suggestion: LONG-TERM
Holding Duration : Min 6 month
Increase Probability: 88%
Fundamental Report: POSITIVE
Technical Report: POSITIVE
News Report: POSITIVE
Thank you for your time.
Have a profitable day.