A rectangle is close to completion.
A rectangle typically predicts extending an downtrend in case if price breaks out to the the downside.
EOS/USD to increase bearish potential towards the 0.685 mark on a breach of 0.688 as upside pressure mitigates.
EOS: Pennant
EOS/USD,
4 hours
SHORT
Jan 1
There is a pennant emerging, the price is close to breaking out now.
A pennant spots a bearish move if price breaks out.
There is a chance of corrective downside towards 0.84 on a breakout of the pennant.
EOS: Ascending Triangle
EOS/USD,
1 hour
LONG
Jun 30
It seems like an ascending triangle emerges and the price asks for a next bigger bullish action as a sign of a breakout.
An ascending triangle provides a reliable price action formation that can be used to signal a move up once price breaks through the resistance.
It is possible that a bullish price action to 0.7 will be made.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Feb 20
There is an ascending channel poping up and the price is going to break out now.
In case if price breakdown occurs, the resulting move could signal an upward trend is nearing its end.
EOS/USD pulls back to the 0.775 level.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Jun 20
It looks like a descending channel has been determined and the price breaks out soon.
A descending channel provides a specific pattern with a downward bias that typically identifies a bullish move if price breaks out to the the upside.
There is a chance of a rangebound towards 0.635.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Apr 3
EOS/USD shows an ascending channel and the price is ready to break out.
An ascending channel is a compelling chart indicator that can be used to indicate a bearish move once price breaks through the support.
EOS/USD is bearish and en route to the 1.19 mark once below 1.2.
EOS: Descending Triangle
EOS/USD,
1 hour
SHORT
Mar 10
As we can see a descending triangle is almost done, EOS/USD asks for a further steady move as a signal of a breakdown.
Once price breaks through the support, the move could predict a bearish price move.
There is a chance of a bearish continuation towards the 1.18 level.
EOS: Descending Channel
EOS/USD,
1 hour
SHORT
Oct 11
As we can see a descending channel is almost completed, the price is going to break out.
A descending channel results in a further move down in case if price breaks below support.
A bearish push down to 0.534 is a possibility as minor hurdle remains at 0.535.
EOS: Rising Wedge
EOS/USD,
1 hour
SHORT
Mar 18
There is a rising wedge discovered and the price demands a bigger correction for the certainty of breakdown.
A rising wedge depicts a useful signal that can be used to signal a break in the price direction if price breaks through the support.
EOS/USD risks further downside to the 1 level on a break below 1.01.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Mar 9
There is an ascending channel diagnosed.
An ascending channel identifies a compelling chart formation that spots a temporary interruption during a rising market in case if price breaks out.
EOS/USD pulls away from recent highs towards the 1.12 level.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Sep 2
There is a descending triangle found, the price breaks out.
Once price breaks above resistance, the move could spot a bullish move.
There is a probability of a move to 0.585 on a break above 0.58.
EOS: Bearish Flag
EOS/USD,
1 hour
SHORT
May 10
There is a bearish flag noticed, the price is going to break out soon.
A bearish flag depicts a price action indicator that can be used to indicate price heading to a new direction when price breaks out to the the downside.
EOS/USD challenges a move to the 0.9 zone once below 0.91.
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EOS · EOS/USD