EOS EOS/USD is trading at 5.56. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an uptrend. As part of the EOS forecast & analysis EOS/USD November 5, 2018, the test of the Ichimoku Kinko Hyo signal lines area is expected near the level of 5.45. Where can we expect a rebound and an attempt to continue the growth of the digital currency with a potential target near the level of 6.05.

EOS forecast & analysis EOS/USD November 5, 2018

An additional signal in favor of the growth of EOS cryptocurrency will be a rebound from the support area, as well as a test of the lower boundary of the ascending channel. Earlier, a weak signal was received for BUY the EOS cryptocurrency, due to the intersection of signal lines at the level of 5.25.

EOS forecast & analysis EOS/USD November 5, 2018

Cancellation of the EOS cryptocurrency growth option will be a breakdown of the lower Ichimoku Kinko Hyo Cloud with quotes closing below 5.10, indicating a change in the upward trend in favor of the downward trend and continued decline in the digital currency. Expect acceleration of growth of quotes EOS/USD stands with the breakdown of the resistance area and closing above the level of 5.70.

EOS forecast & analysis EOS/USD November 5, 2018 implies an attempt to develop a correction of cryptocurrency and the test level of 5.45, from which one can expect continued growth of the EOS rate with a potential goal near the 6.05 level. The cancellation of the growth option will be the breakdown of the 5.10 area, in this case we should expect a further decline.