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: Rectangle
EOS/USD,
1 hour
LONG
Mar 2
It seems like a rectangle is spotted and the price is close to breaking out now.
When price breaks out, the move could spot the more likely potential of rising prices.
It is possible that a bullish price action to 0.57 will occur on a upside break.
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: Rectangle
EOS/USD,
1 hour
SHORT
Jan 26
The price establishes a rectangle.
In case if price breaks below support, the resulting move could predict a further move down.
A further bearish push down towards 0.795 is on the way.
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 Triangle
EOS/USD,
1 hour
LONG
Jan 3
A descending triangle appears, the price is going to break out now.
In case if price breaks above resistance, the resulting move could signal a bullish move.
EOS/USD now looks towards 0.825 as door open for a test of 0.825.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Mar 18
As we can see a descending triangle forms, the price wants a next bigger move as an indication of a breakout.
A descending triangle predicts an extension in the upward direction once price breaks out.
There is a probability of a bullish run to 0.5 on a breach of 0.495 as outlook for the cryptocurrency stays positive.
EOS: Descending Channel
EOS/USD,
1 day
LONG
Nov 9
There is a descending channel emerging.
Once price breaks out to the the upside, the resulting move could predict a potential bullish reversal in price action.
A further bullish move to 0.48 is about to happen as EOS/USD probes 0.48 hurdle.
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.
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EOS · EOS/USD