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EOS · EOS/USD

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EOS: Ascending Channel

EOS/USD, 1 hour    SHORT 6 hours ago
As we can see an ascending channel occurs and the price demands a bigger correction as proof of a breakout. An ascending channel suggests a specific price action signal that is used to indicate that the price to go down once price breaks through the support. EOS/USD to turn bearish to 0.96 while below 0.97.

EOS: Descending Channel

EOS/USD, 4 hours    LONG 3 days ago
As we can see a descending channel happens. In case if price breaks through the resistance, the move could predict a further move up. It is possible that a further bullish price action to 0.95 will happen on a breakout of the descending channel as EOS/USD sticks to the positive mood.

EOS: Ascending Channel

EOS/USD, 1 hour    SHORT 5 hours ago
There is an ascending channel occuring and EOS/USD asks for a bigger correction for clear breakout confirmation. An ascending channel is said to depict a compelling price action formation that has an upward slope that can be used to indicate a next move down once price breaks below support. EOS/USD to experience further corrective weakness towards the 0.94 level on a breakout of the ascending channel.

EOS: Descending Channel

EOS/USD, 4 hours    LONG 43 hours ago
A descending channel comes out, the price is ready to break out. If price breaks out, the move could identify a move up. EOS/USD does not rule out a move towards 1 amid the cryptocurrency recovers from recent lows.

EOS: Ascending Triangle

EOS/USD, 4 hours    LONG 27 hours ago
An ascending triangle has been found. An ascending triangle is said to depict a reliable formation that can be used to identify that prices are likely to keep rallying upward once price breaks above resistance. EOS/USD to surge considerably towards 0.96 once above 0.95 as the cryptocurrency challenges 0.95 hurdle.

EOS: Descending Channel

EOS/USD, 4 hours    LONG 3 days ago
There is a descending channel identified and EOS/USD wants a strong move for the certainty of breakout. A descending channel depicts a chart signal that can be used to signal the bears have run out of steam in case if price breaks above resistance. There is a possibility of a bullish run towards the 0.95 level as downside pressure alleviates.

EOS: Rectangle

EOS/USD, 4 hours    SHORT Jun 9
A rectangle is nearing completion and the price calls for a next move to confirm a breakdown. Once price breaks out, the resulting move could identify a next move down. EOS/USD to extend its slide to the 1.22 mark.

EOS: Ascending Channel

EOS/USD, 4 hours    SHORT Jun 27
The price shapes an ascending channel and the price is close to breaking out. An ascending channel provides an indicator that is used to predict a next move down once price collapses through the support line. There is a chance of decline to 0.98.

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: Falling Wedge

EOS/USD, 1 hour    LONG Mar 21
There is a falling wedge distinguished and the price calls for a further steady bullish move as an information of a breakout. A falling wedge identifies a useful price action indicator that can be used to identify a downward trend is nearing its end once price breaks through the resistance. It is possible that a bullish push up towards the 2.22 zone will happen on a breakout of the falling wedge as bulls lurking in demand zone.
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