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Weekly forecast EOS / BIT technical chart
Symbol EOSBIT

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 31, 2020 - 12:57
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 259.01475, beginning of uptrend is expected.
  • We make sure when the resistance at 382.77965 breaks.
  • If the support at 259.01475 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 259.25000 on 05/14/2020, so more gains to resistance(s) 296.91415, 318.79890, 344.01720 and maximum to Major Resistance (382.77965) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 48.

Supports and Resistances:

  1. 2428.50570
  2. 1614.91200
  3. 1364.17495
  4. 1109.65545
  5. 952.11225
  6. 701.72035
  7. 631.84720
  8. 531.76000
  9. 462.05120
  10. 415.07290
  11. 382.77965
Click on the level to view price action history.

Symbol Released Current Forecast
EOS / BIT (EOSBIT) Sun, 20 Mar 2022
EOS / BIT (EOSBIT) Tue, 15 Mar 2022
EOS / BIT (EOSBIT) Mon, 7 Mar 2022
EOS / BIT (EOSBIT) Sun, 27 Feb 2022
EOS / BIT (EOSBIT) Sun, 20 Feb 2022