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.
EOS: Falling Wedge
EOS/USD,
1 day
LONG
Feb 8
A falling wedge is very close to being finished, EOS/USD requires more bigger rise as proof of a breakout.
A falling wedge typically predicts that prices are likely to keep rallying upward in case if price breaks out to the the upside.
EOS/USD turns bullish to 0.75 on a breakout of the falling wedge.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Oct 6
The price develops a descending channel and the price is about to break out.
In case if price breaks above resistance, the resulting move could indicate that the price will rally further.
A further bullish move to 0.57 is possible once above 0.567 as indicators favor bulls.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Jan 7
It seems like an ascending channel is close to being done, the price breaks out now.
An ascending channel results in reversals in uptrends if price breakdown occurs.
EOS/USD risks potential downside to 0.725 while below 0.728.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Apr 25
It looks like a descending channel is close to being finished and the price requires a further active move as a clue of a breakout.
A descending channel typically signals a countertrend succeeding the current trend when price breaks out to the the upside.
A bullish price action towards 1.05 is about to happen as extra rangebound not ruled out.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Feb 4
There is an ascending channel happening and the price is close to breaking out.
An ascending channel is said to depict a useful indicator that is used to identify a pause in an uptrending market in case if price breakdown occurs.
A rangebound to 0.71 is about to happen as upside pressure mitigates.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Jun 29
A descending channel is close to being done and the price requests a bit more consolidation for the certainty of breakout.
Once price breaks above resistance, the move could indicate that the price will rally further.
EOS/USD to prolong the growth phase towards 0.7 as downside pressure mitigates.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
2 days ago
A descending channel is close to being done, EOS/USD lacks a next strong move as a verification of a breakout.
A descending channel is considered to be a technical bullish price action indicator that is used to indicate price heading to a new direction when price breaks above resistance.
EOS/USD dives out bearish trendline to the 0.8 level.
EOS: Ascending Channel
EOS/USD,
4 hours
SHORT
Jan 3
We can see that EOS/USD completes an ascending channel and EOS/USD wants a strong move as an indication of a breakdown.
An ascending channel is said to depict a compelling price pattern that has an upward slope that is used to spot a next move down if price breaks down.
EOS/USD targets a move to 0.84 while lower than 0.85.
EOS: Ascending Triangle
EOS/USD,
1 hour
SHORT
41 hours ago
We can see that an ascending triangle is almost finished and the price is ready to break out now.
When price breakdown occurs, the resulting move could predict a further move down.
EOS/USD looks south to 0.8 while below 0.804 as the cryptocurrency looks offered.
EOS: Descending Triangle
EOS/USD,
4 hours
LONG
Apr 11
As we can see a descending triangle has been noticed and the price is ready to break out now.
Once price breaks above resistance, the resulting move could spot that the price to go up.
There is a chance of a bullish run towards 1.24.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Apr 10
It seems like the price shows a descending channel and EOS/USD lacks a strong bullish impulse to confirm descending channel breakout.
Once price breaks out to the the upside, the resulting move could predict a next move up.
EOS/USD hints a change to the upside to 1.22 as bulls seeking a new high.
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EOS · EOS/USD