EOS Technical Analysis: EOS/USD appears to be in the waiting room ahead of deep ride south

• EOS price trading down 3.8% in the latter stages of trading on Friday.
• EOS/USD price action is within consolidation mode, subject to an extended move south.
• Price action has formed somewhat of   a bearish flag pattern.

EOS/USD 60-minute chart  

Spot rate:                   4.5966

Relative change:       -3.80%

High:                          4.8152

Low:                           4.5122

Trend:                        Bearish

Support 1:                  4.5095, support on 60-minute chart.

Support  2:                  4.2942,  15 November low.

Support  3:                  4.0000,  psychological support.

Resistance  1:              4.8100, resistance on 60-minute.

Resistance  2:              5.0000,  psychological support  resistance.

Resistance  3:              5.4767, 13 November high.