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EOS Technical Analysis | 21 March 2019

2019-03-21 08:30 am | Resource: Technical Analysis Section | No Views : 123

EOS Technical Analysis | 21 March 2019 last Saturday, EOS failed to breach the resistance area of ​​$ 3.87 as a result of weakness of the buyers' direction, thus fell to areas of $ 3.61 during yesterday's trading.
 EOS Technical Analysis | 21 March 2019
The digital currency, is our neutral view at the moment due to the lack of trading in a specific direction and also the result of the failure to confirm the break of the ascending trend line on the 240-minute interval.
The digital currency needs to break the $ 3.75 level to confirm the break of the rising trend line.

Analysis of technical indicators for the digital currency EOS:

The index of ADX is not significant at the moment.
The SMA and the SMA are neutral as a result of not taking a specific direction.
The momentum indicator of MACD with default settings is currently neutral.

Outlook:

It is expected that, in the case of a digital currency breach of areas of $ 3.92, EOS may target levels of $ 4.38.
On the other hand, if digital currency breaks area of $ 3.61, the digital currency may target $ 3.30.
Support: 3.51 3.12 - 2.70
Resistance: 3.87 - 4.19 - 4.30
Trend: neutral

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