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  • EOS price drops on Friday, losing the upside momentum that was behind the bulls on Wednesday and Thursday.  
  • BTC/USD sees shooting star, after rejection within big supply area of $6550-600.

 

 

EOS/USD 60-minute chart  


 

Spot rate:                   5.2961

Relative change:        -1.80%

High:                            5.5405

Low:                            5.1311

 

Trend:                         Bearish

 

Support 1:                   5.0483, 50MA.

Support    2:                  4.8815, lower part of broadening wedge.

Support    3:                  4.8000, demand zone.

Resistance 1:             5.4000,  supply zone.

Resistance 2:             5.6450, upper part of wedge & 100MA.

Resistance 3:             6.3300, resistance on 4-hour chart.

 

Expert score

5

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