It looks like a descending channel has been determined and the price breaks out soon.
A descending channel provides a specific pattern with a downward bias that typically identifies a bullish move if price breaks out to the the upside.
There is a chance of a rangebound towards 0.635.
EOS: Bärische Flagge
EOS/USD,
1 Tag
SHORT
Mai 16
As we can see a bearish flag forms, the price breaks out.
A bearish flag identifies a useful bearish formation that is angled up that typically results in price heading to a new direction if price breaks down.
There is a probability of a rangebound towards 0.7 as EOS/USD becomes vulnerable.
EOS: Aufsteigender Kanal
EOS/USD,
1 Stunde
SHORT
Apr 3
EOS/USD shows an ascending channel and the price is ready to break out.
An ascending channel is a compelling chart indicator that can be used to indicate a bearish move once price breaks through the support.
EOS/USD is bearish and en route to the 1.19 mark once below 1.2.
EOS: Absteigendes Dreieck
EOS/USD,
1 Stunde
SHORT
Mär 10
As we can see a descending triangle is almost done, EOS/USD asks for a further steady move as a signal of a breakdown.
Once price breaks through the support, the move could predict a bearish price move.
There is a chance of a bearish continuation towards the 1.18 level.
EOS: Aufsteigendes Dreieck
EOS/USD,
1 Tag
LONG
Feb 19
We can see that the price completes an ascending triangle.
If price breaks through the resistance, the move could spot the more likely potential of rising prices.
A bullish price action to the 0.8 mark is going to happen.
EOS: Rechteck
EOS/USD,
1 Stunde
SHORT
Sep 22
It seems like a rectangle has been uncovered, the price is going to break out now.
Once price breaks through the support, the move could predict an extension in the downward direction.
It is likely that a move to 0.516 will form on a breach of 0.5175 as door open for a test of 0.516.
EOS: Absteigender Kanal
EOS/USD,
1 Stunde
SHORT
Okt 11
As we can see a descending channel is almost completed, the price is going to break out.
A descending channel results in a further move down in case if price breaks below support.
A bearish push down to 0.534 is a possibility as minor hurdle remains at 0.535.
EOS: Steigender Keil
EOS/USD,
1 Stunde
SHORT
Mär 18
There is a rising wedge discovered and the price demands a bigger correction for the certainty of breakdown.
A rising wedge depicts a useful signal that can be used to signal a break in the price direction if price breaks through the support.
EOS/USD risks further downside to the 1 level on a break below 1.01.
EOS: Aufsteigendes Dreieck
EOS/USD,
1 Stunde
SHORT
Jul 2
There is an ascending triangle poping up.
An ascending triangle can be thought of as a technical bearish chart signal that identifies a next move down if price breaks out.
EOS/USD risks further decline towards the 0.578 zone.
EOS: Aufsteigender Kanal
EOS/USD,
1 Stunde
SHORT
Mär 16
There is an ascending channel turning up.
If price breaks out to the the downside, the resulting move could spot that prices move counter to the prevailing price trend.
EOS/USD to drop towards the 0.5 mark.
EOS: Aufsteigender Kanal
EOS/USD,
1 Stunde
SHORT
Mär 9
There is an ascending channel diagnosed.
An ascending channel identifies a compelling chart formation that spots a temporary interruption during a rising market in case if price breaks out.
EOS/USD pulls away from recent highs towards the 1.12 level.
EOS: Wimpel
EOS/USD,
4 Stunden
LONG
Nov 29
There is a pennant revealed.
A pennant represents a useful formation that often results in a bullish move if price breaks through the resistance.
EOS/USD advances higher towards 0.85 as there is room for a upside correction.
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