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EOS · EOS/USD

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EOS: Bullish Flag

EOS/USD, 1 hour    LONG Aug 8
We can see that a bullish flag is close to being complete. When price breaks above resistance, the move could signal a next move up. There is a possibility of a bullish run to 0.455.

EOS: Descending Channel

EOS/USD, 1 hour    LONG Jan 10
It looks like a descending channel is very close to being completed and the price expects a bit more consolidation as an indication of a breakout. A descending channel often predicts an extension in the upward direction when price breaks out. It is possible that a move towards the 0.72 zone will occur.

EOS: Ascending Triangle

EOS/USD, 1 hour    LONG Sep 8
It seems like an ascending triangle takes place. An ascending triangle suggests a bullish pattern that identifies an extension in the upward direction if price breaks out to the the upside. A bullish push up towards 0.475 about to be made.

EOS: Symmetrical Triangle

EOS/USD, 4 hours    LONG Aug 27
There is a symmetrical triangle exposed. A symmetrical triangle depicts a compelling formation that is used to indicate the bears have run out of steam if price breaks above resistance. EOS/USD to prolong the growth phase to 0.59 on a breach of 0.586.

EOS: Falling Wedge

EOS/USD, 1 hour    LONG Sep 22
A falling wedge is close to completion and EOS/USD demands an active move as an indication of a breakout. A falling wedge represents a compelling bullish price indicator that typically results in a break in the price direction in case if price breaks out to the the upside. EOS/USD to look for a further push to the 0.52 zone.

EOS: Ascending Channel

EOS/USD, 1 hour    SHORT Mar 14
An ascending channel emerges and EOS/USD requests an active bearish move as a signal of a breakdown. In case if price breaks through the support, the move could signal that the price to go down. It is possible that corrective downside towards the 1.14 zone will occur as upside pressure seen easing.

EOS: Pennant

EOS/USD, 1 hour    LONG Sep 23
There is a pennant developing. A pennant often identifies that prices are likely to keep rallying upward in case if price breaks above resistance. There is a possibility of a bullish run to 0.525.

EOS: Ascending Channel

EOS/USD, 4 hours    SHORT Apr 16
There is an ascending channel determined. An ascending channel provides a technical pattern that is angled up that results in a break during an uptrending market if price collapses through the support line. EOS/USD to move downward to the 1.22 zone on a break below 1.24 as the cryptocurrency looks offered.

EOS: Bearish Flag

EOS/USD, 1 hour    SHORT Aug 11
We can see that EOS/USD gives a bearish flag. Once price breakdown occurs, the resulting move could predict a temporary interruption of an existing trend. There is a probability of a bearish continuation towards the 0.485 mark.

EOS: Descending Channel

EOS/USD, 1 hour    LONG Aug 8
There is a descending channel uncovered and the price demands a further strong move as evidence of a breakout. Once price breaks through the resistance, the move could signal a move up. EOS/USD risks a move to 0.465 as EOS/USD sticks to the positive mood.

EOS: Descending Channel

EOS/USD, 4 hours    LONG Nov 5
EOS/USD forms a descending channel and the price wants a further steady move as a sign of a breakout. A descending channel suggests a reliable bullish price action pattern that can be used to identify a tendency to break in the opposite direction when price breaks out. EOS/USD dives out bearish trendline to the 0.42 zone once above 0.42.

EOS: Rectangle

EOS/USD, 1 hour    SHORT Oct 8
A rectangle is detected, the price asks for a further move for the certainty of breakdown. When price breakdown occurs, the resulting move could identify prices are likely to keep falling downward. There is a possibility of a move towards 0.47 on a breakout of the rectangle.
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