Open:
High:
Low:
Close:
PENNANT
EOS
EOS/USD
1H
A pennant is almost completed and the price asks for a further strong move to confirm a breakout.
A pennant is believed to be a useful bearish price signal that can be used to indicate a sharp decline when price breakdown occurs.
There is a probability of a move to 0.5.
จั่วขาลง
EOS
EOS/USD
4H
We can see that a falling wedge is very close to being completed and the price wants a bullish continuation as a clue of a breakout.
A falling wedge results in a trend change to the upside in case if price breaks out to the the upside.
EOS/USD targets a move to 0.52.
ASCENDING TRIANGLE
EOS
EOS/USD
1H
An ascending triangle has been distinguished.
An ascending triangle tends to be a useful bearish signal that is used to indicate extending an downtrend once price collapses through the support line.
EOS/USD risks a correction towards 0.505 on a breach of 0.51.
TRIANGLE WAVE
EOS
EOS/USD
1H
A symmetrical triangle has been discovered, the price is breaking out.
A symmetrical triangle represents a specific bullish price action formation that identifies that prices are likely to keep rallying upward when price breaks out.
There is a possibility of a bullish move to the 0.52 zone on a upside break as bulls look for entries.
DESCENDING CHANNEL
EOS
EOS/USD
4H
As we can see a descending channel is observed, the price expects a strong bullish move as a sign of a breakout.
In case if price breaks through the resistance, the resulting move could spot the more likely potential of rising prices.
EOS/USD advances higher to the 0.55 level on a breach of 0.51.
DESCENDING CHANNEL
EOS
EOS/USD
1H
A descending channel appears and the price needs a bit more consolidation as a signal of a breakout.
A descending channel signals a sharp rise once price breaks out to the the upside.
EOS/USD violates bearish trendline towards the 0.52 level once above 0.512.
TRIANGLE WAVE
EOS
EOS/USD
1H
A symmetrical triangle emerges.
A symmetrical triangle tends to be a reliable bearish indicator that is used to spot a move down once price breaks out to the the downside.
EOS/USD hints a change to the downside towards 0.49 on a breakout of the symmetrical triangle.
DESCENDING CHANNEL
EOS
EOS/USD
1H
There is a descending channel noticed and the price is going to break out now.
A descending channel results in a temporary interruption of an existing trend once price breaks through the resistance.
EOS/USD to turn bullish towards 0.52.
ASCENDING CHANNEL
EOS
EOS/USD
1H
We can see that an ascending channel is close to being finished and the price calls for bigger push down as proof of a breakout.
An ascending channel often indicates that the price to go down once price breaks out to the the downside.
EOS/USD to slump to 0.52 on a breakout of the ascending channel as upside pressure seen easing.
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