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EOS Technical Analysis | 10 January 2019

2019-01-10 08:09 am | Resource: Technical Analysis Section | No Views : 39

EOS Technical Analysis | 10 January 2019 EOS with the beginning of the new year trade broke through the bearish trend line and continued to rise up to the $ 3 zones and then came down to retest the breached downward trend line.
The digital currency is currently neutral as a result of the lack of confirmation of the breach of the 4-hour downtrend line, and we do not recommend trading it at the moment until it breached $ 3.14 or broke $ 2.76.
EOS Technical Analysis | 10 January 2019
The index (ADX) currently neutral signal is the result of trading below the 20-point areas.
The SMA and the SMA are neutral because of the price action.
Moment of Machd with default settings is currently neutral.

Outlook:

It is expected that, in the event of a breach of the digital currency EOS areas of levels of $ 3.14 may target levels of $ 4.19.
On the other hand, if you break the $ 2.56 level, the digital currency may target $ 1.8784.
Support: 2.26 - 1.55 - 1.08
Resistance: 3.12- 3.87- 4.19
Trend: neutral

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