EOS/USD Daily Chart

EOS/USD Daily Chart

Gate Trade EOS Saturday, April 18, 2020 428 0

The 20-day EMA ($2.50) has flattened out and the RSI is just above the midpoint, which suggests that the bulls are attempting to gain the upper hand. The levels to watch on the upside are $3.1802 and above it $3.8811. However, if the EOS/USD pair turns down from the current levels, it will be a negative sign. For now, the stops on the long positions can be retained at $2 but can be trailed higher to $2.25 after the pair sustains above $3.20 for four hours.