A bullish flag has been recognized.
A bullish flag represents a technical price action formation that can be used to spot a bullish price move when price breaks above resistance.
There is a chance of a rangebound to 1.02 as the mood may improve.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Apr 2
A descending triangle emerges and the price is breaking out.
If price breaks out, the move could signal an extension in the upward direction.
EOS/USD opens door for a move to the 1.2 zone.
EOS: Pennant
EOS/USD,
1 hour
LONG
Apr 13
We can see that a pennant emerges and the price is ready to break out.
A pennant provides a compelling signal that spots a sharp rise in case if price breaks out to the the upside.
There is a probability of a further bullish run towards 1.22 while above 1.21.
EOS: Descending Channel
EOS/USD,
4 hours
LONG
Jun 20
It looks like a descending channel happens and the price needs next bigger rise to confirm descending channel breakout.
A descending channel is believed to be a reliable price action formation that can be used to identify a change in the prevailing trend once price breaks out.
A move to the 0.64 zone stays on the cards on a break above 0.625.
EOS: Rectangle
EOS/USD,
1 hour
SHORT
Nov 26
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: Descending Triangle
EOS/USD,
1 hour
LONG
May 20
We can see that a descending triangle is close to being done.
A descending triangle is a bullish price pattern that is used to signal the more likely potential of rising prices once price breaks out to the the upside.
It is possible that a rangebound to 0.805 will occur on a break above 0.8 amid EOS/USD reclaims part of the ground lost.
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: Ascending Triangle
EOS/USD,
1 day
LONG
Feb 19
We can see that the price completes an ascending triangle.
If price breaks through the resistance, the move could spot the more likely potential of rising prices.
A bullish price action to the 0.8 mark is going to happen.
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EOS · EOS/USD