We can see that a rising wedge is discovered, EOS/USD requires a further active bearish move as a verification of a breakdown.
If price collapses through the support line, the resulting move could spot a further move down.
It is possible that a bearish price action towards the 0.775 mark will be made while below 0.779.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Dec 25
There is a descending channel happening and EOS/USD expects an active bullish impulse as a clue of a breakout.
When price breaks above resistance, the move could predict that the price to go up.
It is possible that a bullish price action to 0.84 will take place.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Dec 3
We can see that a descending triangle is nearing completion and EOS/USD demands a move as an information of a breakout.
A descending triangle provides a compelling bullish pattern that is used to identify a further move up if price breaks through the resistance.
EOS/USD to have better chances of advancing towards 0.705.
EOS: Ascending Triangle
EOS/USD,
1 hour
SHORT
Jan 7
An ascending triangle is exposed and the price requests a next bearish continuation as a clue of a breakout.
An ascending triangle is said to depict a specific bearish price action pattern that is used to spot extending an downtrend in case if price breakdown occurs.
There is a possibility of a bearish move to 0.74 on a breach of 0.744.
EOS: Descending Triangle
EOS/USD,
1 hour
SHORT
Sep 17
EOS/USD develops a descending triangle and the price is going to break out now.
If price breaks out to the the downside, the resulting move could spot a next move down.
EOS/USD to suffer a steeper decline to the 0.565 mark on a breach of 0.568.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Oct 19
As we can see a descending channel is identified, the price requires a move to confirm a breakout.
A descending channel is said to depict a technical formation that has a downward slope that can be used to indicate a bullish price move in case if price breaks out to the the upside.
A further rangebound to the 0.535 level looks possible.
EOS: Bearish Flag
EOS/USD,
1 hour
SHORT
Apr 8
There is a bearish flag appearing, EOS/USD needs an active move as an indication of a breakout.
A bearish flag provides a technical bearish price action pattern that is angled up that often signals a bearish price move once price breaks out to the the downside.
Extra downside towards 1.21 is likely to happen.
EOS: Descending Triangle
EOS/USD,
4 hours
SHORT
May 6
There is a descending triangle emerging, the price is going to break out.
A descending triangle typically indicates that the price to go down once price breaks out.
EOS/USD risks extending drop to the 0.98 zone as there is a chance of further weakness.
EOS: Bullish Flag
EOS/USD,
1 hour
LONG
Oct 15
It looks like the price gives a bullish flag, the price is about to break out now.
In case if price breaks through the resistance, the move could predict a next move up.
There is a chance of a rangebound to 0.548 on a upside break.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Jan 30
It looks like an ascending channel is close to completion, the price demands a bigger correction as a clue of a breakdown.
An ascending channel denotes a reliable bearish chart indicator that often results in extending an downtrend when price breaks out.
EOS/USD risks extending drop to 0.705 on a breakout of the ascending channel.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Apr 3
The price shows an ascending channel and the price requires a bigger bearish continuation as a signal of a breakout.
An ascending channel is said to depict an indicator that is used to identify a move down in case if price collapses through the support line.
A rangebound to the 1.2 mark is on the way on impulse below 1.205.
EOS: Bullish Rectangle
EOS/USD,
1 hour
LONG
Nov 12
EOS/USD shows a bullish rectangle, the price is going to break out now.
A bullish rectangle is considered to be a specific bullish price pattern that is used to signal that the price to go up in case if price breaks out.
EOS/USD to prolong the growth phase to the 0.75 zone.
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EOS · EOS/USD