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EOS Technical Analysis: EOS/USD dangerous shooting star potentially eyed, after spike higher

FX Street

Updated: 18 Sep. 2018 | 21:23

EOS price jumped a healthy 5% in the second half of Tuesday’s session.
EOS/USD on the 4-hour chart is seeing a potential shooting star candlestick forming.

EOS/USD 4-hour chart

Spot rate: 5.0853

Relative change: +5.00%

High: 5.2670

Low: 4.7621

Trend: Bullish

Resistance 1: 5.2695, resistance on 4-hour chart.

Resistance 2: 5.5263, top area of 15th September & supply zone.

Resistance 3: 5.6600, 18th August high.

Support 1: 4.9165,support on 4-hour chart.

Support 2: 4.7700, demand area.

Support 3: 4.6091, 8th September low.

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