It looks like an ascending channel occurs.
An ascending channel is said to depict a useful signal that can be used to indicate a bearish price move when price breaks out.
EOS/USD is at risk of resuming its decline towards 0.72 on a breakout of the ascending channel as minor hurdle remains at 0.745.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Jan 10
It looks like a descending channel is very close to being completed and the price expects a bit more consolidation as an indication of a breakout.
A descending channel often predicts an extension in the upward direction when price breaks out.
It is possible that a move towards the 0.72 zone will occur.
EOS: Symmetrical Triangle
EOS/USD,
4 hours
LONG
Aug 27
There is a symmetrical triangle exposed.
A symmetrical triangle depicts a compelling formation that is used to indicate the bears have run out of steam if price breaks above resistance.
EOS/USD to prolong the growth phase to 0.59 on a breach of 0.586.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Mar 14
An ascending channel emerges and EOS/USD requests an active bearish move as a signal of a breakdown.
In case if price breaks through the support, the move could signal that the price to go down.
It is possible that corrective downside towards the 1.14 zone will occur as upside pressure seen easing.
EOS: Ascending Channel
EOS/USD,
4 hours
SHORT
Apr 16
There is an ascending channel determined.
An ascending channel provides a technical pattern that is angled up that results in a break during an uptrending market if price collapses through the support line.
EOS/USD to move downward to the 1.22 zone on a break below 1.24 as the cryptocurrency looks offered.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Dec 15
We can see that an ascending channel is almost completed and EOS/USD asks for a next bearish move for the certainty of breakout.
An ascending channel often signals that the price to go short once price breaks below support.
A move to 0.78 is likely to happen.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
2 days ago
There is a descending channel turning up.
A descending channel typically indicates a further move up when price breaks out.
EOS/USD could attempt a move to 0.81 on a upside break as EOS/USD is at a brink of a bullish breakout.
EOS: Falling Wedge
EOS/USD,
1 hour
LONG
Apr 5
The price shows a falling wedge, the price wants a steady move as a sign of a breakout.
A falling wedge signals a further move up once price breaks out to the the upside.
It is not ruled out that a bullish price action towards 1.2 will take place as EOS/USD nears 1.19 hurdle.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Sep 24
An ascending channel forms, EOS/USD wants a more move to confirm ascending channel breakdown.
In case if price breaks out, the resulting move could predict an extension in the downward direction.
EOS/USD targets a move to 0.576 as the cryptocurrency becomes capped.
EOS: Bullish Flag
EOS/USD,
1 hour
LONG
Mar 19
A bullish flag has been distinguished, the price is about to break out.
A bullish flag is believed to be a compelling bullish price formation with a downward bias that typically spots that the price to go long when price breaks through the resistance.
It is possible that a bullish run towards 1.12 will take place on a breakout of the bullish flag as bullish momentum increases.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Mar 22
There is an ascending channel emerging, the price is about to break out.
An ascending channel is considered to be a specific chart indicator that can be used to identify a bearish price action once price breaks out.
EOS/USD does not rule out a move towards 0.99 on a downside break.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Mar 22
There is an ascending channel taking place, the price is breaking out.
An ascending channel depicts a compelling bearish chart formation that can be used to indicate a bearish price action once price breaks out.
EOS/USD pulls back to 1.14 on a breakout of the ascending channel.
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EOS · EOS/USD