- EOS trading with very minor losses in the latter stages of Tuesday’s session, down just 0.2%.
- EOS/USD price action has formed a bullish flag formation, a breakout appear to be in the works.
EOS/USD 60-minute chart
Spot rate: 517.1
Relative change: -2.80%
High: 532.10
Low: 516.4
Trend: Neutral
Support 1: 5.8440, 50MA (60-minute) & lower part of bull flag.
Support 2: 5.7900, support on 60-minute & 100MA.
Support 3: 5.7000, demand zone.
Resistance 1: 5.9350, upper trend line of bull flag.
Resistance 2: 5.9612, resistance on 60-minute chart.
Resistance 3: 6.0050, supply area.