There is an ascending channel coming out.
An ascending channel describes a bearish formation that can be used to identify a bearish price action in case if price collapses through the support line.
EOS/USD to move back towards the 0.91 level amid rising bets for the move.
It looks like the price shapes a rising wedge.
A rising wedge is considered to be a bearish price action pattern that can be used to signal a sharp decline once price breakdown occurs.
It is likely that a bearish continuation to 0.905 will be made on a breakout of the rising wedge.
A bullish rectangle is nearing completion, the price is about to break out soon.
A bullish rectangle is believed to be a technical chart formation that typically identifies the more likely potential of rising prices once price breaks through the resistance.
EOS/USD does not rule out a move towards 1.13.
It seems like an ascending triangle has been uncovered and the price asks for an active bullish action as an information of a breakout.
When price breaks out, the move could identify that the price will rally further.
EOS/USD does not rule out a move to the 0.878 zone on a breach of 0.877 as bulls looking for upside correction.
A rectangle comes out and the price is going to break out now.
A rectangle typically results in that prices are likely to keep rallying upward if price breaks out.
There is a chance of a move towards the 1.08 level.
We can see that an ascending channel is discovered, the price breaks out.
An ascending channel typically signals the bulls have run out of steam once price breaks out to the the downside.
It is not ruled out that a bearish move towards 1 will be made.
It looks like a falling wedge is close to being finished.
A falling wedge is a compelling signal that can be used to predict the bears have run out of steam in case if price breaks through the resistance.
A bullish push up to 1.08 is probable amid rising bets for the move.
As we can see a bearish flag appears and the price is about to break out.
Once price collapses through the support line, the move could signal a bearish price action.
EOS/USD tests a move to 1.15 on a break below 1.16 as the cryptocurrency becomes capped.
We can see that an ascending channel is close to being done, the price demands a bigger correction as proof of a breakout.
An ascending channel often results in a temporary interruption of an existing trend when price breaks down.
EOS/USD violates bullish trendline towards 0.895 as downtrend may continue.
There is a descending channel identified and the price demands a bigger move as a verification of a breakout.
A descending channel depicts a specific chart indicator that can be used to signal that prices move counter to the prevailing price trend if price breaks through the resistance.
EOS/USD to strengthen to 0.9 on a breakout of the descending channel.
There is a bearish flag poping up and the price needs a further active bearish continuation as a clue of a breakout.
A bearish flag typically signals that the price to go down once price breaks below support.
EOS/USD is bearish and en route towards the 2.15 level.
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