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: Rising Wedge
EOS/USD,
1 hour
SHORT
Jan 26
It seems like a rising wedge pops up and the price is about to break out now.
A rising wedge is said to depict a reliable price action pattern that has an upward slope that can be used to signal extending an downtrend when price collapses through the support line.
Extra downside towards 0.8 is likely as there is a chance for a downside correction.
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.
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: Pennant
EOS/USD,
4 hours
LONG
Aug 21
There is a pennant detected, EOS/USD requires a next active impulse up as a sign of a breakout.
Once price breaks through the resistance, the move could indicate a bullish move.
There is a chance of a bullish move towards the 0.51 zone.
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: Ascending Channel
EOS/USD,
4 hours
SHORT
Sep 30
It looks like an ascending channel is almost done.
An ascending channel suggests a chart signal that can be used to predict a bearish move if price breaks below support.
A bearish move to 0.52 is possible on a breach of 0.53.
EOS: Rising Wedge
EOS/USD,
1 hour
SHORT
Sep 30
A rising wedge appears, EOS/USD requests a next active bearish move as a sign of a breakout.
A rising wedge suggests a technical bearish price signal that often predicts a bearish price action when price breaks below support.
EOS/USD risks potential downside towards the 0.53 zone on a breakout of the rising wedge.
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EOS · EOS/USD