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: Rising Wedge
EOS/USD,
1 hour
SHORT
22 hours ago
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: Ascending Channel
EOS/USD,
4 hours
SHORT
Aug 15
The price gives an ascending channel.
An ascending channel often results in a bearish price action if price breaks down.
EOS/USD accelerates losses towards 0.71.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Jun 9
As we can see an ascending channel forms, the price breaks out soon.
An ascending channel is a useful chart formation that can be used to predict a bearish price action once price collapses through the support line.
EOS/USD to maintain its negative tone to 0.89 on a breach of 0.892 as the cryptocurrency is at a brink of a bearish breakout.
EOS: Ascending Channel
EOS/USD,
4 hours
SHORT
4 days ago
We can see that EOS/USD sets up an ascending channel and the price wants a bigger move for the certainty of breakdown.
An ascending channel often signals a move down in case if price breakdown occurs.
EOS/USD to accomodate to 1.15 on a break below 1.17.
EOS: Rising Wedge
EOS/USD,
1 hour
SHORT
Jun 9
There is a rising wedge exposed.
A rising wedge typically spots the bulls have run out of steam if price breaks down.
There is a chance of corrective downside towards 0.89 on a breach of 0.894 as upside pressure seen easing.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Jul 13
There is a descending channel observed.
A descending channel describes a specific price indicator that often spots an interruption of a downtrend if price breaks out to the the upside.
It is not ruled out that a bullish push up towards the 0.74 zone will occur.
EOS: Pennant
EOS/USD,
4 hours
SHORT
5 days ago
A pennant forms and the price lacks a more bigger correction as an information of a breakout.
A pennant typically signals a bearish price action if price breaks below support.
EOS/USD still risks a move towards the 1.15 level while lower than 1.16 as the cryptocurrency probes 1.16 hurdle.
EOS: Bearish Flag
EOS/USD,
1 hour
SHORT
Apr 19
A bearish flag is very close to being completed.
A bearish flag often predicts that the price to go short if price breaks down.
EOS/USD to accomodate to 1.2 on a breakdown of the bearish flag.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Jun 20
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: Falling Wedge
EOS/USD,
1 day
LONG
Feb 8
A falling wedge is very close to being finished, EOS/USD requires more bigger rise as proof of a breakout.
A falling wedge typically predicts that prices are likely to keep rallying upward in case if price breaks out to the the upside.
EOS/USD turns bullish to 0.75 on a breakout of the falling wedge.
EOS: Rising Wedge
EOS/USD,
1 hour
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.
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