A descending channel is close to being finished.
A descending channel often spots a bearish-to-bullish trend reversal if price breaks out to the the upside.
It is possible that a bullish price action to the 0.63 zone will be made.
EOS: Absteigender Kanal
EOS/USD,
4 Stunden
LONG
Mär 30
A descending channel arises, the price is ready to break out.
When price breaks through the resistance, the resulting move could identify the more likely potential of rising prices.
A bullish continuation towards 0.62 looks possible on a breakout of the descending channel as the cryptocurrency sticks to the positive mood.
EOS: Steigender Keil
EOS/USD,
1 Stunde
SHORT
Jul 30
There is a rising wedge emerging, the price is about to break out soon.
A rising wedge depicts a technical bearish price formation that can be used to spot the bulls have run out of steam when price collapses through the support line.
EOS/USD to push down to the 0.754 level while below 0.756.
EOS: Rechteck
EOS/USD,
1 Stunde
LONG
Mär 2
It seems like a rectangle is spotted and the price is close to breaking out now.
When price breaks out, the move could spot the more likely potential of rising prices.
It is possible that a bullish price action to 0.57 will occur on a upside break.
EOS: Absteigender Kanal
EOS/USD,
1 Stunde
LONG
Aug 29
A descending channel has been distinguished and the price is ready to break out.
A descending channel represents a signal that can be used to signal that the price to go up once price breaks through the resistance.
It is possible that a further bullish continuation to the 0.595 mark will form.
EOS: Rechteck
EOS/USD,
1 Stunde
SHORT
Jan 26
The price establishes a rectangle.
In case if price breaks below support, the resulting move could predict a further move down.
A further bearish push down towards 0.795 is on the way.
EOS: Aufsteigender Kanal
EOS/USD,
1 Stunde
SHORT
Mär 4
There is an ascending channel occuring, the price lacks a more bigger move as proof of a breakout.
An ascending channel predicts prices are likely to keep falling downward in case if price breaks down.
It is possible that decline to the 1.05 level will take place while below 1.08 as bears look for entries.
EOS: Symmetrisches Dreieck
EOS/USD,
1 Stunde
SHORT
Okt 9
A symmetrical triangle develops and the price demands a bearish impulse for clear breakout confirmation.
A symmetrical triangle represents a useful bearish signal that is used to identify an extension in the downward direction if price breaks through the support.
There is a possibility of further decline towards 0.562 once below 0.564 as the cryptocurrency becomes offered.
EOS: Absteigendes Dreieck
EOS/USD,
1 Stunde
LONG
Jan 3
A descending triangle appears, the price is going to break out now.
In case if price breaks above resistance, the resulting move could signal a bullish move.
EOS/USD now looks towards 0.825 as door open for a test of 0.825.
EOS: Absteigendes Dreieck
EOS/USD,
1 Stunde
LONG
Mär 18
As we can see a descending triangle forms, the price wants a next bigger move as an indication of a breakout.
A descending triangle predicts an extension in the upward direction once price breaks out.
There is a probability of a bullish run to 0.5 on a breach of 0.495 as outlook for the cryptocurrency stays positive.
EOS: Absteigender Kanal
EOS/USD,
1 Stunde
LONG
Jul 2
We can see that a descending channel is very close to being finished and the price is ready to break out soon.
A descending channel often results in a bullish move if price breaks through the resistance.
A move towards 0.5 is likely as the cryptocurrency nears 0.492 hurdle.
EOS: Absteigender Kanal
EOS/USD,
1 Stunde
LONG
Jun 24
A descending channel is almost completed.
A descending channel results in a break during a downtrending market once price breaks out to the the upside.
EOS/USD points to the upside towards 0.565 once beyond 0.56.
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EOS · EOS/USD