EOS/USD chart gives strong bullish signals – Technical Analysis

• EOS/USD showing great potential for growth as bulls take over the market.
• Bulls looking to breach resistance level at $3.75.

EOS/USD market is growing at a steady pace as the bulls thoroughly thwart the bears. The market has breached resistance at $3 and is looking to gain enough steam to breach the $3.75 resistance level.

EOS/USD daily chart

• The market has a bullish breakout from the triangle formation as the bulls breach resistance at $3. The buyers are trying to gain enough steam to breach the $3.75 resistance level.
• The market is trending above the upper band of the 20-day Bollinger band which indicates a bullish market.

EOS/USD 4-hour chart

• 4-hour EOS/USD market shows bullish flags with positive breakouts.
• The last 3 sessions show a restoration period before another potential breakout.

EOS/USD hourly chart

• The hourly chart also shows a bullish flag which is prime for a breakout.

Key Levels

• Resistance 3: $3.45733
• Resistance 2: $3.26167
• Resistance 1: $3.12843
• Pivot Point: $2.93277
• Support 1: $2.79953
• Support 2: $2.60387
• Support 3: $2.47063