There is an ascending channel coming out.
An ascending channel describes a bearish formation that can be used to identify a bearish price action in case if price collapses through the support line.
EOS/USD to move back towards the 0.91 level amid rising bets for the move.
EOS: Falling Wedge
EOS/USD,
1 hour
LONG
Jul 13
There is a falling wedge encountered and the price calls for a further bullish move as evidence of a breakout.
A falling wedge identifies a reliable price action formation that predicts a break during a downtrending market in case if price breaks through the resistance.
EOS/USD to continue higher to 0.72 as the wind continues blowing in favor of EOS/USD.
EOS: Rectangle
EOS/USD,
1 hour
SHORT
Aug 4
It seems like a rectangle is almost done, the price requests a further steady move as a clue of a breakout.
A rectangle denotes a technical price formation that can be used to indicate prices are likely to keep falling downward when price breakdown occurs.
EOS/USD to move back to 0.48.
EOS: Ascending Triangle
EOS/USD,
1 hour
SHORT
Sep 10
There is an ascending triangle turning up.
An ascending triangle predicts an extension in the downward direction when price breakdown occurs.
There is a probability of extra downside to the 0.58 level amid rising bets for the move.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Sep 24
A descending channel is close to being done, EOS/USD calls for a steady move as proof of a breakout.
A descending channel depicts a reliable bullish chart pattern that is angled down that is used to indicate a bullish price move if price breaks through the resistance.
It is likely that a move towards 0.526 will form.
EOS: Symmetrical Triangle
EOS/USD,
1 hour
SHORT
Sep 6
A symmetrical triangle comes out, the price wants a further move as evidence of a breakout.
Once price breakdown occurs, the resulting move could predict a bearish price move.
It is possible that a bearish continuation to the 0.462 level will be made.
EOS: Ascending Channel
EOS/USD,
1 day
SHORT
Oct 10
There is an ascending channel found, EOS/USD demands an impulse down to confirm a breakout.
An ascending channel describes a useful bearish signal that can be used to spot a change in price direction once price breaks through the support.
A further move towards 0.44 is going to happen while below 0.465 amid rising bets for the move.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
May 30
We can see that an ascending channel is close to being done, the price demands a bigger correction as proof of a breakout.
An ascending channel often results in a temporary interruption of an existing trend when price breaks down.
EOS/USD violates bullish trendline towards 0.895 as downtrend may continue.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Jun 7
There is an ascending channel turning up and the price wants a next steady move as an indication of a breakout.
When price breaks below support, the resulting move could identify a bearish price action.
It is not ruled out that extra downside towards 0.78 will take place.
EOS: Rectangle
EOS/USD,
1 day
SHORT
Oct 26
It seems like a rectangle turns up.
A rectangle identifies a reliable bearish price indicator that can be used to spot a move down once price collapses through the support line.
EOS/USD to turn bearish to 0.44 as the cryptocurrency nears 0.45 hurdle.
EOS: Rectangle
EOS/USD,
1 hour
LONG
Nov 24
There is a rectangle forming.
A rectangle depicts a useful bullish indicator that often signals a bullish move in case if price breaks out.
There is a chance of a move towards the 0.685 zone.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Jun 29
It seems like EOS/USD builds an ascending channel, the price breaks out.
An ascending channel is a useful chart formation that identifies a breakdown is likely to occur when price breaks out.
It is possible that extra downside towards 0.585 will be made.
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EOS · EOS/USD