By Dmitriy Gurkovskiy, Chief Analyst at RoboForex EOS is correcting during the first February week, but still looking very promising. On Tuesday, February 4th, EOS is slowly falling and trading close to 4.15 USD. From the technical point of view, the H4 chart of EOS shows a stable rising channel. The key upside target is at 5.00. At the same, there is a divergence on MACD, which indicates a possible descending correction. However, this scenario may be valid only after the price breaks the support level close to 4.00. in this case, the downside correctional target may be 61.8% fibo
The post EOS Price Analysis for February, 4th – EOS is Correcting, But That’s Okay appeared first on The Merkle Hash.
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