There is a descending triangle emerging, the price is going to break out.
A descending triangle typically indicates that the price to go down once price breaks out.
EOS/USD risks extending drop to the 0.98 zone as there is a chance of further weakness.
EOS: Bearish Flag
EOS/USD,
1 hour
SHORT
Apr 8
There is a bearish flag appearing, EOS/USD needs an active move as an indication of a breakout.
A bearish flag provides a technical bearish price action pattern that is angled up that often signals a bearish price move once price breaks out to the the downside.
Extra downside towards 1.21 is likely to happen.
EOS: Bullish Flag
EOS/USD,
1 hour
LONG
Oct 15
It looks like the price gives a bullish flag, the price is about to break out now.
In case if price breaks through the resistance, the move could predict a next move up.
There is a chance of a rangebound to 0.548 on a upside break.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Apr 3
The price shows an ascending channel and the price requires a bigger bearish continuation as a signal of a breakout.
An ascending channel is said to depict an indicator that is used to identify a move down in case if price collapses through the support line.
A rangebound to the 1.2 mark is on the way on impulse below 1.205.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Jan 30
It looks like an ascending channel is close to completion, the price demands a bigger correction as a clue of a breakdown.
An ascending channel denotes a reliable bearish chart indicator that often results in extending an downtrend when price breaks out.
EOS/USD risks extending drop to 0.705 on a breakout of the ascending channel.
EOS: Bullish Rectangle
EOS/USD,
1 hour
LONG
Nov 12
EOS/USD shows a bullish rectangle, the price is going to break out now.
A bullish rectangle is considered to be a specific bullish price pattern that is used to signal that the price to go up in case if price breaks out.
EOS/USD to prolong the growth phase to the 0.75 zone.
EOS: Falling Wedge
EOS/USD,
4 hours
LONG
Sep 28
A falling wedge arises, the price asks for a move as a verification of a breakout.
A falling wedge often identifies a potential bullish reversal in price action in case if price breaks above resistance.
EOS/USD to increase bullish potential towards the 0.575 zone once above 0.57 as EOS/USD becomes supported.
EOS: Ascending Channel
EOS/USD,
4 hours
SHORT
Mar 14
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: Pennant
EOS/USD,
1 hour
SHORT
Aug 22
A pennant is distinguished, EOS/USD asks for a more active move as a clue of a breakdown.
A pennant represents a bearish price action signal that is used to identify prices are likely to keep falling downward when price breaks below support.
EOS/USD risks further decline to the 0.575 level.
EOS: Falling Wedge
EOS/USD,
1 hour
LONG
Aug 11
There is a falling wedge turning up, EOS/USD calls for more strong push up for clear breakout confirmation.
In case if price breaks through the resistance, the resulting move could spot a move up.
EOS/USD opens door for a move to 0.718 on a breakout of the falling wedge.
EOS: Ascending Triangle
EOS/USD,
4 hours
SHORT
Apr 17
EOS/USD forms an ascending triangle, the price is breaking out.
An ascending triangle often predicts an extension in the downward direction in case if price breaks out.
EOS/USD to push down towards 1.22 while lower than 1.235 as outlook for the cryptocurrency stays negative.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Aug 27
An ascending channel is close to being complete and the price requires a steady move as an indication of a breakdown.
An ascending channel is considered to be a bearish indicator that typically predicts a further move down when price breaks down.
EOS/USD to extend its setback towards the 0.58 level on a breach of 0.586.
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EOS · EOS/USD