We can see that EOS/USD completes an ascending channel and EOS/USD wants a strong move as an indication of a breakdown.
An ascending channel is said to depict a compelling price pattern that has an upward slope that is used to spot a next move down if price breaks down.
EOS/USD targets a move to 0.84 while lower than 0.85.
As we can see a descending triangle has been noticed and the price is ready to break out now.
Once price breaks above resistance, the resulting move could spot that the price to go up.
There is a chance of a bullish run towards 1.24.
EOS: Rising Wedge
EOS/USD,
1 hour SHORT
Jun 23
2212:002312:000.5540.5560.5580.5600.5620.5640.5660.5680.5700.5720.5740.5760.5780.5800.582↓ resistance ↓↑ support ↑breakoutPatterns.ccEOS/USD · 1H · 23 Jun 2024
There is a rising wedge taking place, EOS/USD wants a further move as a sign of a breakout.
A rising wedge predicts a next move down if price breaks below support.
EOS/USD to accomodate to the 0.57 level.
EOS: Ascending Triangle
EOS/USD,
1 hour LONG
Dec 8
12:00 712:00 812:00 90.700.710.720.730.740.750.760.770.780.790.800.810.820.830.840.850.860.870.88↓ resistance ↓↑ support ↑breakoutPatterns.ccEOS/USD · 1H · 8 Dec 2023
There is an ascending triangle poping up, the price asks for a more steady bullish action to confirm a breakout.
An ascending triangle spots a further move up in case if price breaks above resistance.
EOS/USD targets a move towards 0.8 on a breakout of the ascending triangle.
It seems like the price shows a descending channel and EOS/USD lacks a strong bullish impulse to confirm descending channel breakout.
Once price breaks out to the the upside, the resulting move could predict a next move up.
EOS/USD hints a change to the upside to 1.22 as bulls seeking a new high.
2612:002712:00280.6700.6750.6800.6850.6900.6950.7000.7050.7100.7150.7200.7250.7300.735↓ resistance ↓↑ support ↑breakoutPatterns.ccEOS/USD · 1H · 27 Jan 2024
There is a pennant found, the price asks for a next active impulse up as a sign of a breakout.
A pennant is believed to be a technical indicator that predicts a bullish price action in case if price breaks above resistance.
It is likely that a bullish continuation to the 0.705 zone will be made on a upside break as the wind continues blowing in favor of EOS/USD.
EOS: Descending Channel
EOS/USD,
4 hours LONG
Jan 15
10150.700.720.740.760.780.800.820.840.860.880.900.920.940.960.981.001.021.04↓ resistance ↓↑ support ↑breakoutPatterns.ccEOS/USD · 4H · 15 Jan 2025
The price completes a descending channel, EOS/USD asks for a bit more consolidation to confirm a breakout.
A descending channel is said to depict a reliable price action signal that indicates a bullish move in case if price breaks out.
EOS/USD to maintain its positive tone towards 0.82.
We can see that a descending triangle is observed, the price is going to break out soon.
A descending triangle is believed to be a compelling price action pattern that results in a bullish price action in case if price breaks out.
EOS/USD looks ready to further extend its gains towards 0.76 on a breach of 0.735.
EOS: Ascending Channel
EOS/USD,
1 hour SHORT
Jun 29
2712:002812:002912:00300.5550.5600.5650.5700.5750.5800.5850.5900.5950.600↓ resistance ↓↑ support ↑breakoutPatterns.ccEOS/USD · 1H · 29 Jun 2024
It looks like EOS/USD composes an ascending channel, the price demands a strong move as an indication of a breakdown.
An ascending channel predicts extending an downtrend in case if price breaks out to the the downside.
EOS/USD to accomodate to the 0.58 mark.
We can see that a descending channel materializes, the price calls for a next active impulse up for clear breakout confirmation.
A descending channel is said to depict a useful price action signal that typically signals a bullish price action in case if price breaks out to the the upside.
There is a probability of a bullish run to the 0.525 zone once above 0.523.
EOS: Ascending Channel
EOS/USD,
1 hour SHORT
Nov 21
12:002012:002112:000.6800.6850.6900.6950.7000.7050.7100.7150.7200.7250.7300.735↓ resistance ↓↑ support ↑breakoutPatterns.ccEOS/USD · 1H · 21 Nov 2023
An ascending channel has been observed and the price needs more steady pullback as a clue of a breakdown.
In case if price collapses through the support line, the resulting move could identify that the price to go short.
It is possible that a bearish price action to 0.705 will happen on a breakout of the ascending channel.
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