Technical analysis EOS. EOS-USD on June 02, 2018June 3, 2018
Is shows the impulsive and important bullish breakout as this event can show the continuation of the positive scenario for this market. EOS-BTC pair is breaking through the uptrend channel and possibly will consolidate in 0.0018800-0.0020000 zone. The first support is forming at 0.0018000 level and the stronger one at 0.0017000. EOS-USD pair looks similar, also we can see that we have bounced from the long-term uptrend line, which we mentioned earlier in our recommendations regarding this market. On one day timeframe, MACD starts to cross and shows the possibility of further growth; ADX shows the strong amplitude of this market; Stoch RSI is very bullish, RSI has enough impulse for going up. On 3 days timeframe, it also looks like it is ready to move up, taking into consideration the regular corrective pullbacks; in a long-term perspective, we can take 30$ zone as a possible target.