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: 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.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Aug 29
A descending channel has been distinguished and the price is ready to break out.
A descending channel represents a signal that can be used to signal that the price to go up once price breaks through the resistance.
It is possible that a further bullish continuation to the 0.595 mark will form.
EOS: Pennant
EOS/USD,
4 hours
LONG
6 days ago
It seems like a pennant occurs and the price is ready to break out now.
In case if price breaks out, the resulting move could spot that the price will rally further.
It is not ruled out that a bullish push up towards 0.85 will form while above 0.83 amid EOS/USD reclaims part of the ground lost.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Mar 4
There is an ascending channel occuring, the price lacks a more bigger move as proof of a breakout.
An ascending channel predicts prices are likely to keep falling downward in case if price breaks down.
It is possible that decline to the 1.05 level will take place while below 1.08 as bears look for entries.
EOS: Symmetrical Triangle
EOS/USD,
1 hour
SHORT
Oct 9
A symmetrical triangle develops and the price demands a bearish impulse for clear breakout confirmation.
A symmetrical triangle represents a useful bearish signal that is used to identify an extension in the downward direction if price breaks through the support.
There is a possibility of further decline towards 0.562 once below 0.564 as the cryptocurrency becomes offered.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Jun 24
A descending channel is almost completed.
A descending channel results in a break during a downtrending market once price breaks out to the the upside.
EOS/USD points to the upside towards 0.565 once beyond 0.56.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Sep 24
There is a descending channel detected.
A descending channel is believed to be a useful bullish formation that is angled down that is used to signal a downward trend is nearing its end when price breaks through the resistance.
A bullish run towards 0.526 looks probable on a breakout of the descending channel.
EOS: Falling Wedge
EOS/USD,
1 hour
LONG
Mar 28
There is a falling wedge turning up, EOS/USD requests a more move to confirm a breakout.
A falling wedge typically predicts a move up in case if price breaks out.
A further move to 1.08 is on the way on impulse above 1.06.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Jan 10
A descending triangle is revealed.
Once price breaks above resistance, the resulting move could spot a further move up.
It is possible that a bullish price action towards 0.73 will happen on a breakout of the descending triangle.
EOS: Ascending Triangle
EOS/USD,
1 hour
SHORT
Jan 5
We can see that an ascending triangle pops up.
An ascending triangle tends to be a compelling chart indicator that predicts a sharp decline when price breakdown occurs.
EOS/USD is at risk of extending its slump to the 0.77 mark on a breakout of the ascending triangle.
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