EOS/USD price settled lower in the intraday levels, amid negative pressure from trading below the 50-day SMA, with the dominance of the downward trend in the short term, while trading alongside a steep trend line in an indication of its dominance, amid negative signals from the RSI after managing to vent off oversold saturation there.
Therefore we expect the price to decline and target the pivotal support of $0.4006, provided the resistance of $0.6424 holds on.
Trend forecast for today: Bearish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Ethereum price (ETHUSD) trades with clear positivity to test 2100.00$ barrier, as it is affected by stochastic positivity, noticing that the EMA50 continues to press negatively on the price to support the chances of continuing the main bearish trend in the upcoming sessions.
To review the full report, and to get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Bitcoin price (BTCUSD) shows clear positive trades to move away from 80474.40$ level, affected by stochastic positivity, waiting to get negative motive that assist to push the price to break the mentioned level and open the way to resume the bearish correction on the intraday and short-term basis.
To review the full report, and to get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Brent oil price shows clear positive trades to head towards potential test to the bearish channel’s resistance line, noticing that stochastic continues to provide the negative signals that we are waiting to motivate the price to decline in the upcoming sessions.
To review the full report, and to get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.