EOS EOS/USD is trading at 5.17 and continues to move as part of growth. EOS/USD quotes move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend. As part of the EOS cryptocurrency exchange rate forecast for April 6, 2019. Ichimoku Kinko Hyo Cloud upper limit test is expected near level 4.85. Where should we expect a rebound and an attempt to continue the growth of digital currency with a potential target near the level of 7.00.
EOS Forecast and Analysis EOS/USD April 6, 2019
An additional signal in favor of raising EOS cryptocurrency will be a rebound from the support level. The second signal will be the test of the lower backpack of the rising channel. Earlier, a weak signal was received for BUY the EOS cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 3.65. The nearest resistance area is at 6.05. The area of support for EOS/USD is located at 4.50.
Cancellation of the EOS cryptocurrency growth option will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 4.00 area. This will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the digital currency. Expect acceleration of growth of quotes EOS/USD stands with the breakdown of the upper boundary of the upward channel and closing above the level of 6.05.
EOS Forecast and Analysis EOS/USD April 6, 2019 implies an attempt to develop a cryptocurrency correction and a test level of 4.85. Where can we expect to continue the growth rate of EOS with a potential goal near the level of 7.00. Cancellation option lift will breakdown area 4.00. In this case, we should expect a continuation of the fall with a potential target at the level of 3.35.