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EOS · EOS/USD

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EOS: Falling Wedge

EOS/USD, 1 hour    LONG Mar 28
12:002712:002812:001.031.041.051.061.071.081.091.101.111.121.13↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 28 Mar 2024
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: Ascending Triangle

EOS/USD, 1 hour    SHORT Jan 5
412:00 512:000.720.730.740.750.760.770.780.790.800.810.820.830.840.850.860.870.88↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 5 Jan 2024
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.

EOS: Ascending Triangle

EOS/USD, 1 hour    LONG May 14
1312:001412:00150.8300.8350.8400.8450.8500.8550.8600.8650.8700.8750.8800.8850.890↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 14 May 2023
It seems like an ascending triangle has been uncovered and the price asks for an active bullish action as an information of a breakout. When price breaks out, the move could identify that the price will rally further. EOS/USD does not rule out a move to the 0.878 zone on a breach of 0.877 as bulls looking for upside correction.

EOS: Rectangle

EOS/USD, 1 hour    LONG Aug 29
12:002812:002912:00300.5600.5650.5700.5750.5800.5850.5900.5950.6000.6050.6100.6150.6200.6250.6300.6350.6400.6450.650↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 29 Aug 2023
As we can see a rectangle occurs, the price is ready to break out soon. If price breaks out to the the upside, the move could indicate extending an uptrend. EOS/USD to continue the appreciation trend to the 0.6 level.

EOS: Rectangle

EOS/USD, 1 hour    LONG Mar 28
12:002812:00291.031.041.051.061.071.081.091.101.111.121.131.14↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 28 Mar 2024
EOS/USD forms a rectangle, the price wants an active move as a clue of a breakout. In case if price breaks above resistance, the resulting move could spot that prices are likely to keep rallying upward. EOS/USD to move up towards the 1.08 level.

EOS: Ascending Channel

EOS/USD, 1 hour    SHORT Jun 5
12:00 212:00 312:00 412:00 512:000.820.830.840.850.860.870.880.890.900.910.920.93↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 5 Jun 2023
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: Ascending Channel

EOS/USD, 1 hour    SHORT Dec 29
12:002812:002912:003012:000.7550.7600.7650.7700.7750.7800.7850.7900.7950.8000.8050.8100.8150.8200.825↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 29 Dec 2024
An ascending channel is close to being completed, the price is about to break out. If price breaks out to the the downside, the resulting move could indicate a bearish move. EOS/USD to slide towards the 0.78 mark.

EOS: Falling Wedge

EOS/USD, 1 hour    LONG Jul 13
1212:001312:000.710.720.730.740.750.760.770.780.790.800.81↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 13 Jul 2023
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
12:00 312:00 412:00 50.400.410.420.430.440.450.460.470.480.490.500.510.520.530.540.550.56↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 4 Aug 2024
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
12:00 912:001012:000.5560.5580.5600.5620.5640.5660.5680.5700.5720.5740.5760.5780.5800.5820.5840.5860.5880.5900.5920.594↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 10 Sep 2023
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
2312:002412:00250.5040.5060.5080.5100.5120.5140.5160.5180.5200.5220.5240.5260.5280.5300.5320.534↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 24 Sep 2024
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: Ascending Triangle

EOS/USD, 1 hour    LONG Dec 3
12:00 212:00 312:00 40.900.951.001.051.101.151.201.251.301.351.401.451.50↓ resistance ↓↑ support ↑breakoutEOS/USD · 1H · 3 Dec 2024
As we can see an ascending triangle has been identified, the price breaks out. Once price breaks out to the the upside, the move could indicate a sharp rise. There is a probability of a bullish push up towards 1.2.
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