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: Rectangle
EOS/USD,
1 hour
SHORT
Sep 22
It seems like a rectangle has been uncovered, the price is going to break out now.
Once price breaks through the support, the move could predict an extension in the downward direction.
It is likely that a move to 0.516 will form on a breach of 0.5175 as door open for a test of 0.516.
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 Triangle
EOS/USD,
1 hour
SHORT
Jul 2
There is an ascending triangle poping up.
An ascending triangle can be thought of as a technical bearish chart signal that identifies a next move down if price breaks out.
EOS/USD risks further decline towards the 0.578 zone.
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: Ascending Channel
EOS/USD,
1 hour
SHORT
Sep 22
It looks like the price creates an ascending channel.
Once price breaks below support, the move could predict a change in the prevailing trend.
EOS/USD to plummet to the 0.52 zone.
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.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Sep 18
It seems like EOS/USD shapes a descending triangle, the price is going to break out.
A descending triangle can be thought of as a formation that often spots a pause in a downtrending market when price breaks out to the the upside.
There is a possibility of a bullish push up to 0.485 as extra rangebound not ruled out.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Aug 1
There is an ascending channel found, EOS/USD lacks a further impulse down to confirm ascending channel breakout.
An ascending channel often results in a bearish price move once price breaks through the support.
EOS/USD accelerates losses to 0.57 as EOS/USD keeps the bid tone.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Oct 6
There is a descending channel observed.
If price breaks out, the move could identify a bullish move.
A further bullish run to the 0.48 level is possible as the cryptocurrency sticks to the positive mood.
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EOS · EOS/USD