EOS phishing email scam

EOS/USD Medium-term Trend: Bearish

Resistance levels: $10.0,  $10.5, $ 11.0
Support levels: $9.0, $8.5, $8.0

Yesterday, June 12, the price of EOS fell to the low of $10.74. The asset was in a range bound movement  before it fell. However, if the bearish pressure continued the asset is likely to fall to the previous lows of $7 or $5. Meanwhile, the MACD line and the signal line are below the zero line indicating a sell signal. Also, the 12-day EMA and 26-day EMA are above the price bars of the asset indicating that price will continue to fall.

Nevertheless, the relative strength index period 14 is level 27 indicating that the market is oversold suggesting bulls to take control of the market. Traders are to look for buy setups along the support levels at $7 or $5.

EOS/USD Short-term Trend: Bearish

On the 1-hour chart, price of EOS is in a bearish trend. On the lower time frame, the MACD line and the signal line are below the zero line indicating a sell signal. Also, the 12-day EMA and 26-day EMA are above the price bars of the asset indicating that price will continue to fall.

The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

20 − two =