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

  • 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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