We can see that a descending triangle is observed, the price is going to break out soon.
A descending triangle is believed to be a compelling price action pattern that results in a bullish price action in case if price breaks out.
EOS/USD looks ready to further extend its gains towards 0.76 on a breach of 0.735.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Nov 21
An ascending channel has been observed and the price needs more steady pullback as a clue of a breakdown.
In case if price collapses through the support line, the resulting move could identify that the price to go short.
It is possible that a bearish price action to 0.705 will happen on a breakout of the ascending channel.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Sep 24
We can see that a descending channel materializes, the price calls for a next active impulse up for clear breakout confirmation.
A descending channel is said to depict a useful price action signal that typically signals a bullish price action in case if price breaks out to the the upside.
There is a probability of a bullish run to the 0.525 zone once above 0.523.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Nov 13
It seems like an ascending channel comes out.
In case if price breaks below support, the move could predict prices are likely to keep falling downward.
It is likely that a rangebound towards the 0.72 mark will happen.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Apr 13
A descending channel is encountered and the price is about to break out.
A descending channel can be thought of as a chart indicator that typically identifies a move up once price breaks above resistance.
There is a possibility of a bullish continuation towards the 1.21 zone.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Nov 27
We can see that EOS/USD sets up an ascending channel and the price needs a strong bearish impulse as a sign of a breakout.
When price collapses through the support line, the move could spot a potential reversal in price action.
EOS/USD to suffer further downside towards the 0.68 zone on impulse below 0.686.
EOS: Ascending Triangle
EOS/USD,
1 hour
SHORT
May 10
An ascending triangle has been observed, EOS/USD wants a more active impulse down as a sign of a breakout.
An ascending triangle depicts a bearish price formation that can be used to signal a further move down in case if price breakdown occurs.
It is possible that a further bearish push down towards 0.91 will be made.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Dec 25
There is a descending channel poping up.
Once price breaks out, the resulting move could signal a bullish price move.
EOS/USD does not rule out a move towards 0.85.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Oct 14
As we can see a descending channel has been discovered, EOS/USD wants a bit more consolidation as evidence of a breakout.
A descending channel suggests a formation that is angled down that typically spots a further move up when price breaks above resistance.
EOS/USD to recover bullish potential towards the 0.475 mark.
EOS: Ascending Channel
EOS/USD,
1 day
SHORT
Aug 3
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: Bullish Flag
EOS/USD,
1 hour
LONG
Aug 8
We can see that a bullish flag is close to being complete.
When price breaks above resistance, the move could signal a next move up.
There is a possibility of a bullish run to 0.455.
EOS: Ascending Triangle
EOS/USD,
1 hour
LONG
Sep 8
It seems like an ascending triangle takes place.
An ascending triangle suggests a bullish pattern that identifies an extension in the upward direction if price breaks out to the the upside.
A bullish push up towards 0.475 about to be made.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
EOS · EOS/USD