There is an ascending channel uncovered and the price breaks out.
An ascending channel often predicts a move down if price breaks out to the the downside.
A bearish continuation to 0.576 is about to happen on a breach of 0.578.
EOS: Descending Channel
EOS/USD,
4 hours
LONG
May 7
A descending channel is almost done and EOS/USD wants more strong rise as proof of a breakout.
A descending channel describes a technical bullish formation that spots a potential reversal in price action if price breaks out to the the upside.
There is a chance of a bullish price action towards 0.76.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Feb 24
We can see that an ascending channel is very close to being finished, the price breaks out.
Once price breaks below support, the move could spot extending an downtrend.
It is not ruled out that a further bearish run to 0.635 will happen.
EOS: Bearish Flag
EOS/USD,
1 hour
SHORT
Jun 16
A bearish flag is almost done.
A bearish flag typically signals a change in price direction in case if price collapses through the support line.
It is not ruled out that a bearish price action towards the 0.655 level will occur.
EOS: Falling Wedge
EOS/USD,
1 hour
LONG
May 5
There is a falling wedge discovered, the price asks for next rise as a sign of a breakout.
A falling wedge describes a signal that can be used to predict a move up once price breaks out.
There is a chance of a bullish run towards 1.01 on a breach of 1.004.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Aug 31
We can see that an ascending channel is very close to being completed and the price is close to breaking out now.
An ascending channel depicts a formation that is used to indicate a next move down if price breaks out to the the downside.
EOS/USD to plummet towards the 0.62 zone.
EOS: Ascending Channel
EOS/USD,
4 hours
SHORT
Sep 29
The price shapes an ascending channel and the price asks for a strong move for the certainty of breakout.
An ascending channel is said to depict a useful pattern that is used to spot a bearish price action when price breaks through the support.
There is a probability of a bearish price action to the 0.53 zone.
EOS: Descending Triangle
EOS/USD,
4 hours
LONG
Nov 22
There is a descending triangle determined, the price asks for a bit more consolidation as a verification of a breakout.
A descending triangle suggests a signal that results in a bullish move when price breaks out.
EOS/USD to grind higher to the 0.68 level on a breach of 0.675 as bulls looking for upside correction.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Jul 13
A descending triangle emerges and the price requires a bit more consolidation to confirm descending triangle breakout.
If price breaks out to the the upside, the resulting move could identify an extension in the upward direction.
A further bullish move towards 0.73 is about to happen as the cryptocurrency challenges 0.728 hurdle.
EOS: Ascending Triangle
EOS/USD,
1 hour
SHORT
Jun 16
An ascending triangle occurs and EOS/USD requires a next move for clear breakout confirmation.
An ascending triangle is said to depict a compelling bearish price formation that can be used to spot the bulls have run out of steam in case if price breaks out.
Decline to 0.53 is not ruled out on a breach of 0.542 as minor hurdle remains at 0.542.
EOS: Bullish Flag
EOS/USD,
1 hour
LONG
Mar 23
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.
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EOS · EOS/USD