EOS (EOS) Closes Last Hour Up $0.04; Heads Down For the 5th Straight Day, Pin Bar Pattern Appearing on Chart

The Hourly View for EOS

Last Updated April 26, 2021, 03:017 GMT

At the time of this writing, EOS’s price is up $0.04 (0.69%) from the hour prior. EOS has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

EOS Daily Price Recap

EOS is down 1.82% ($0.093) since yesterday, marking the 5th straight day a decline has happened. The price move occurred on volume that was up 56.25% from the day prior, but down 87.07% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, EOS ended up ranking 5th for the day in terms of price change relative to yesterday. The daily price chart of EOS below illustrates.


EOS Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For another vantage point, consider that EOS’s price has gone up 16 of the previous 30 trading days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.