EOS: graph analysis 11/06/18

On June 10, EOS opened in the zone 14.12 dollars (on the relative highs of the day), then began its bearish run and closed at 10.96 dollars (in retracement from the relative lows of the day). The resistances to keep under observation are: 15 and 11 dollars (monthly resistances), while for the supports: 10 and 8.63 dollars (monthly supports).

For those wishing to buy EOS

Wait for the break of $ 16, with stop loss in area 13 and take profit in the area 19 dollars.

For those who currently hold EOS

The price has broken down an important price range and short-term static support, changing from bullish to bearish the scenario.

For those wishing to sell EOS

Possible bearish entering point when the price breaks down to 9.95 dollars, with a stop loss positioned at 12 and the first target in the 8.63 area and then 7 dollars.

Target

Bearish

15: reached May 15, 2018
12: reached May 16, 2018
9: not reached

Bullish

15: reached 02 June 2018
18.69: reached April 28, 2018
21.50: not reached
Sort:  

$5 to $7 is my ideal target

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