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EOS · EOS/USD

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EOS: Rectangle

EOS/USD, 4 hours    SHORT 4 days ago
It seems like a rectangle is distinguished and the price demands bigger fall as a signal of a breakout. A rectangle often signals a sharp decline when price collapses through the support line. A bearish price action towards the 2.75 level looks possible.

EOS: Bearish Flag

EOS/USD, 1 hour    SHORT 3 days ago
As we can see a bearish flag is very close to being completed and the price needs a further steady correction for the certainty of breakdown. A bearish flag often results in a further move down in case if price breaks out. EOS/USD opens door for a move towards 2.74 on impulse below 2.75.

EOS: Rising Wedge

EOS/USD, 4 hours    SHORT 6 days ago
There is a rising wedge happening. A rising wedge typically spots the bulls have run out of steam if price collapses through the support line. A move towards the 2.8 mark is likely on a breakout of the rising wedge.

EOS: Rising Wedge

EOS/USD, 1 hour    SHORT Oct 26
There is a rising wedge identified and EOS/USD calls for a next active move as an information of a breakout. A rising wedge describes a price formation with an upward bias that is used to predict a bearish price move when price breaks below support. EOS/USD still risks a move towards 4.8.

EOS: Ascending Channel

EOS/USD, 1 hour    SHORT Nov 15
There is an ascending channel coming out, the price is breaking out. If price collapses through the support line, the move could identify a change in the prevailing trend. EOS/USD to head to the 4.8 zone.

EOS: Bearish Flag

EOS/USD, 4 hours    SHORT Dec 2
It seems like a bearish flag is recognized and EOS/USD asks for an active bearish continuation as evidence of a breakout. A bearish flag is said to depict a bearish price action indicator that is used to predict a trend change to the downside in case if price breaks out to the the downside. There is a probability of a further bearish push down to the 3.8 mark as EOS/USD looks offered.

EOS: Pennant

EOS/USD, 1 day    SHORT Dec 29
There is a pennant materializing and the price is close to breaking out. A pennant suggests a useful bearish price action pattern that predicts prices are likely to keep falling downward when price breaks out. EOS/USD set to plunge towards 3 on impulse below 3.2 as EOS/USD sticks to the negative mood.

EOS: Rising Wedge

EOS/USD, 4 hours    SHORT 6 days ago
A rising wedge occurs and the price is ready to break out soon. A rising wedge often spots that the price to go short if price breakdown occurs. EOS/USD to resume its downfall to 2.8 as the cryptocurrency becomes bearish.

EOS: Rectangle

EOS/USD, 1 hour    SHORT Oct 26
A rectangle is discovered. If price breaks out to the the downside, the resulting move could identify a next move down. EOS/USD to extend its setback to 4.75 while lower than 4.77.

EOS: Descending Channel

EOS/USD, 1 day    LONG Jul 27
It looks like a descending channel is close to being completed. A descending channel is said to depict a compelling bullish chart indicator that results in a sharp rise in case if price breaks above resistance. A rangebound towards 4.5 is likely once above 3.8.

EOS: Ascending Triangle

EOS/USD, 1 hour    SHORT Nov 21
As we can see an ascending triangle arises and the price breaks out soon. An ascending triangle tends to be a bearish price action formation that can be used to indicate an extension in the downward direction in case if price breaks below support. It is not ruled out that a rangebound to the 4.2 mark will form on a breakdown of the ascending triangle.

EOS: Ascending Channel

EOS/USD, 1 hour    SHORT Dec 3
There is an ascending channel exposed and EOS/USD requires a next active move for clear breakdown confirmation. An ascending channel signals that the price to go short once price breaks through the support. There is a chance of decline to the 3.9 level.
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