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Close:
BULLISH FLAG
EOS
EOS/USD
1H
There is a bullish flag emerging and the price needs a further strong bullish move to confirm bullish flag breakout.
Once price breaks out to the the upside, the resulting move could indicate a bullish price action.
There is a possibility of a move to the 0.51 level on a breakout of the bullish flag.
DESCENDING CHANNEL
EOS
EOS/USD
1H
A descending channel appears and EOS/USD lacks a steady bullish continuation as proof of a breakout.
A descending channel identifies a bullish chart indicator that can be used to spot a bullish price action if price breaks out.
EOS/USD to strengthen to 0.5.
รูปแบบจั่วแบบขึ้น
EOS
EOS/USD
4H
We can see that a rising wedge materializes.
A rising wedge tends to be a specific chart pattern that can be used to identify a countertrend succeeding the current trend once price breakdown occurs.
EOS/USD could extend its slump towards the 0.48 zone.
สี่เหลี่ยมผืนผ้า
EOS
EOS/USD
1H
The price shows a rectangle, the price is breaking out.
A rectangle is a specific price formation that is used to signal a further move down once price collapses through the support line.
EOS/USD could extend its slump to the 0.495 mark.
จั่วขาลง
EOS
EOS/USD
1D
A falling wedge is very close to being completed and EOS/USD requires a next bigger bullish action for the certainty of breakout.
A falling wedge is a specific bullish pattern that often results in extending an uptrend once price breaks above resistance.
It is possible that a bullish continuation to 0.6 will form as indicators turn bullish.
PENNANT
EOS
EOS/USD
1H
It seems like a pennant has been recognized, the price is going to break out now.
A pennant describes a technical bearish price action formation that often predicts a further move down once price breaks through the support.
EOS/USD to continue lower to 0.5 on a breakout of the pennant.
ASCENDING CHANNEL
EOS
EOS/USD
1H
EOS/USD builds an ascending channel.
An ascending channel tends to be a bearish price action pattern that has an upward slope that typically predicts an extension in the downward direction once price breaks out.
EOS/USD is bearish and en route towards 0.5 on a breakdown of the ascending channel.
ASCENDING CHANNEL
EOS
EOS/USD
1H
There is an ascending channel revealed, the price is breaking out.
An ascending channel can be thought of as a reliable pattern with an upward bias that often results in a move down when price collapses through the support line.
It is likely that corrective downside towards 0.48 will be made on a breakdown of the ascending channel.
ASCENDING CHANNEL
EOS
EOS/USD
1H
An ascending channel is exposed.
An ascending channel represents a useful chart pattern that often indicates that the price to go down when price breakdown occurs.
EOS/USD turns lower towards the 0.48 level on a breakout of the ascending channel.
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