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EOS · EOS/USD

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EOS: Ascending Channel

EOS/USD, 4 hours    SHORT 2 days ago
It seems like the price builds an ascending channel and EOS/USD calls for a more strong correction to confirm a breakout. An ascending channel tends to be a compelling bearish pattern that typically identifies a bearish price move if price breakdown occurs. There is a possibility of extra downside to the 5 zone.

EOS: Ascending Channel

EOS/USD, 4 hours    SHORT 39 hours ago
EOS/USD shows an ascending channel, the price requests a bearish move as a clue of a breakout. If price collapses through the support line, the resulting move could identify a further move down. EOS/USD to slide towards 5 on a breakout of the ascending channel.

EOS: Rectangle

EOS/USD, 4 hours    LONG May 5
There is a rectangle turning up and EOS/USD requires a next steady bullish continuation as an information of a breakout. In case if price breaks above resistance, the resulting move could spot that the price to go long. EOS/USD to strengthen towards the 7.2 zone.

EOS: Rising Wedge

EOS/USD, 1 hour    SHORT May 19
There is a rising wedge developing and the price needs a more strong bearish action for clear breakdown confirmation. A rising wedge is considered to be a compelling formation that is angled up that often spots a further move down when price breaks below support. A rangebound towards 8.8 is about to happen as extra rangebound not ruled out.

EOS: Ascending Channel

EOS/USD, 1 hour    SHORT Jun 7
An ascending channel is detected and the price is breaking out. An ascending channel typically results in a next move down in case if price breaks out to the the downside. It is likely that a move towards the 5.7 level will occur while lower than 5.8.

EOS: Descending Triangle

EOS/USD, 1 day    LONG Mar 30
EOS/USD completes a descending triangle, the price asks for a more active move as an indication of a breakout. In case if price breaks above resistance, the resulting move could signal the bears have run out of steam. EOS/USD turns bullish to the 5 mark once beyond 4.2.

EOS: Bullish Flag

EOS/USD, 1 hour    LONG Sep 3
A bullish flag develops. A bullish flag is believed to be a bullish indicator that indicates a move up once price breaks out. There is a probability of a rangebound to the 5.35 mark on a upside break as EOS/USD sticks to the positive mood.

EOS: Bullish Flag

EOS/USD, 1 hour    LONG Jul 26
The price shapes a bullish flag, the price expects a strong move as a verification of a breakout. A bullish flag typically results in a bullish move once price breaks above resistance. EOS/USD challenges a move to the 3.75 mark as the cryptocurrency loses bearish momentum.

EOS: Rectangle

EOS/USD, 4 hours    SHORT Jun 18
As we can see a rectangle is close to being complete, EOS/USD requires a strong move to confirm a breakout. A rectangle typically indicates prices are likely to keep falling downward once price breaks below support. It is likely that corrective downside to 4.2 will occur.

EOS: Ascending Channel

EOS/USD, 1 hour    SHORT 37 hours ago
An ascending channel is close to being completed and the price is ready to break out. An ascending channel often signals a change in price direction when price breakdown occurs. EOS/USD to extend its setback to 5.2.

EOS: Pennant

EOS/USD, 1 hour    SHORT Sep 7
It looks like a pennant is almost done and the price is ready to break out. A pennant is considered to be a compelling bearish indicator that is used to identify that the price to go short in case if price breaks out to the the downside. EOS/USD to accomodate to 6 while below 6.1 amid the cryptocurrency recedes from recent highs.

EOS: Rectangle

EOS/USD, 1 hour    SHORT Jun 21
We can see that a rectangle turns up and the price is ready to break out. A rectangle tends to be a price action signal that signals extending an downtrend if price breaks out to the the downside. EOS/USD turns lower towards the 4 level on impulse below 4.15.
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