EOS Technical Analysis: EOS/USD pops back into broken ascending channel, hourly close above key for more upside

• EOS was seen as a dominant force within the crypto market on Thursday, holding onto gains of over 4%.
• EOS/USD on the 60-minute chart view, manages to sneak back into the breached channel, a hour candle close above would be key for further upside.  

EOS/USD 60-minute chart

Spot rate:                    4.9190

Relative change:        +4.39%

High:                           4.9499

Low:                            4.6650

Trend:                         Bullish
 

Resistance 1:            4.9499, 50MA.  

Resistance 2:             5.1500, (resistance on 60-minute chart).  

Resistance 3:             5.3652, 22nd August high & supply area.  

Support 1:                    4.8500, 50MA.  

Support    2:                  4.6730, (support on 60-minute chart).  

Support    3:                  4.5782, secondary ascending trend line.