EOS/USD establishes a rising wedge, EOS/USD calls for a steady bearish action for clear breakdown confirmation.
A rising wedge provides a technical pattern with an upward bias that can be used to indicate a bearish price action once price breakdown occurs.
There is a possibility of a bearish continuation to 0.72 once below 0.732.
EOS: Descending Channel
EOS/USD,
1 day
LONG
Oct 29
EOS/USD completes a descending channel and the price is going to break out.
A descending channel typically identifies a bullish move when price breaks out.
EOS/USD to continue higher to 0.62.
EOS: Descending Channel
EOS/USD,
1 hour
LONG
Feb 14
There is a descending channel recognized and EOS/USD calls for a further strong impulse up as an indication of a breakout.
If price breaks above resistance, the resulting move could indicate a further move up.
EOS/USD to enjoy a considerable gain towards 0.745.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Aug 19
A descending triangle pops up.
A descending triangle often identifies a bullish price move when price breaks through the resistance.
EOS/USD to push up to 0.575 once beyond 0.573.
EOS: Rectangle
EOS/USD,
4 hours
SHORT
May 21
It seems like EOS/USD completes a rectangle and the price wants a more bearish continuation as a verification of a breakdown.
A rectangle typically identifies that the price to go down if price breaks below support.
EOS/USD could recede towards 0.86 on a breakout of the rectangle.
EOS: Ascending Triangle
EOS/USD,
1 hour
LONG
Mar 24
There is an ascending triangle observed.
An ascending triangle is a useful bullish price action indicator that predicts a next move up in case if price breaks out to the the upside.
A rangebound towards the 1.18 mark is likely to happen on a breakout of the ascending triangle.
EOS: Ascending Triangle
EOS/USD,
4 hours
SHORT
Oct 15
As we can see an ascending triangle has been encountered, the price is ready to break out.
An ascending triangle results in a bullish-to-bearish trend reversal if price breaks below support.
There is a possibility of a bearish continuation towards 0.54 on a break below 0.543 as the cryptocurrency becomes under pressure.
EOS: Rising Wedge
EOS/USD,
1 hour
SHORT
Jan 21
As we can see a rising wedge turns up and EOS/USD requires a strong move as a signal of a breakdown.
A rising wedge is believed to be a specific bearish price formation that has an upward slope that typically predicts a sharp decline when price breaks out to the the downside.
It is possible that a rangebound to 0.725 will occur on a breach of 0.729.
EOS: Ascending Channel
EOS/USD,
1 hour
SHORT
Sep 6
There is an ascending channel coming out and EOS/USD lacks a bigger correction as proof of a breakout.
If price breakdown occurs, the resulting move could signal a temporary interruption during a rising market.
There is a possibility of a bearish push down towards 0.58.
EOS: Rising Wedge
EOS/USD,
1 hour
SHORT
Feb 11
There is a rising wedge turning up.
A rising wedge is said to depict a useful signal that typically signals a next move down if price breaks out.
A move towards 0.735 is about to happen while lower than 0.737 as the cryptocurrency loses bullish momentum.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Feb 23
There is a descending triangle materializing and EOS/USD demands a further steady move for clear breakout confirmation.
If price breaks above resistance, the move could predict the bears have run out of steam.
It is likely that a further bullish continuation towards the 0.78 zone will occur on a break above 0.774.
EOS: Descending Triangle
EOS/USD,
1 hour
LONG
Oct 27
A descending triangle arises and the price breaks out.
A descending triangle often spots a bullish price move once price breaks through the resistance.
EOS/USD to prolong the growth phase towards the 0.61 mark.
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EOS · EOS/USD