EOS Technical Analysis: EOS/USD testing key daily supporting trend line
- EOS price action seen nursing deep losses of some 2.8% in the latter stages of trading on Tuesday.
- EOS/USD bears are testing a key daily supporting trend line.

EOS/USD 60-minute chart
Spot rate: 5.311800
Relative change: -2.75%
High: 5.48050
Low: 5.30666
Trend: Bearish
Support 1: 5.29780, daily pivot support.
Support 2: 5.23140, daily support.
Support 3: 5.08850, 31 October low.
Resistance 1: 5.47492, resistance on 60-minute.
Resistance 2: 5.52395, 12 November high.
Resistance 3: 5.62200, 8 November high.
Author

Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.




