EOS - The 1st Support and Buy Signals

The price reached a possible reversal zone. It is formed by 4.50 support level, the uptrend line, and SMA50. This zone can stop and reverse the falling market. It can give a new buy opportunity. For confirmation of the upward movement, the price will have to break the downtrend line. This breakout can be used for buying.

If the price drops below 4.50 support, the market will have the space for the falling. The 2nd support zone will be between SMA100, SMA200 and the main uptrend line.

The current levels and the reversal signal from 4.50 can be used for buying in the long run. RSI confirms the price reversal from the support zone. MACD histogram supports a possible upward movement. If you don't want to open a trade with higher risk, it's better to wait for the breakout above the downtrend line.