A rising wedge is almost done, the price expects a more active move for the certainty of breakdown.
A rising wedge is believed to be a chart formation that can be used to identify a change in the prevailing trend if price breaks through the support.
ETH/USD set to lose more ground to 1890 while below 1902.
Ethereum: Pennant
ETH/USD,
1 hour
SHORT
Mar 16
There is a pennant poping up.
A pennant typically results in the more likely potential of falling prices in case if price breaks out to the the downside.
It is possible that a move to the 3600 zone will take place on a breakout of the pennant.
Ethereum: Falling Wedge
ETH/USD,
1 hour
LONG
Jan 29
A falling wedge happens, ETH/USD calls for a further active move as a signal of a breakout.
A falling wedge signals that the price will rally further when price breaks out to the the upside.
There is a probability of a further bullish run to 2280.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
5 days ago
As we can see a bullish flag comes out and ETH/USD expects push up as proof of a breakout.
A bullish flag represents a bullish price action formation that is angled down that is used to signal a further move up if price breaks out.
ETH/USD to recover bullish potential towards 2900 on a breach of 2895.
Ethereum: Descending Triangle
ETH/USD,
4 hours
LONG
Apr 3
We can see that a descending triangle is very close to being completed and the price is about to break out.
A descending triangle often signals a downward trend is nearing its end once price breaks above resistance.
There is a chance of a bullish run to the 1840 mark.
Ethereum: Rectangle
ETH/USD,
4 hours
SHORT
May 9
As we can see a rectangle emerges, ETH/USD calls for a further bigger impulse down as a signal of a breakdown.
A rectangle is said to depict a bearish indicator that is used to indicate prices are likely to keep falling downward once price breaks through the support.
There is a probability of a bearish run towards 2950.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
Oct 29
We can see that a bullish flag is close to being complete and the price needs a bit more consolidation as a verification of a breakout.
A bullish flag spots a tendency to break in the opposite direction when price breaks through the resistance.
There is a probability of a bullish price action towards 1800.
Ethereum: Descending Triangle
ETH/USD,
1 hour
SHORT
Sep 4
There is a descending triangle exposed.
When price collapses through the support line, the resulting move could predict a bearish move.
ETH/USD to continue the dereciation trend towards the 1625 level while lower than 1627 as the cryptocurrency challenges 1627 hurdle.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Feb 24
A rectangle is close to being complete and the price requires a further strong move to confirm a breakout.
A rectangle tends to be a compelling pattern that identifies the bears have run out of steam once price breaks above resistance.
A bullish run to the 2970 zone stays on the cards as bulls looking for upside correction.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Nov 4
There is a rectangle diagnosed, the price is ready to break out.
A rectangle signals an extension in the upward direction if price breaks out to the the upside.
ETH/USD to head towards 1850 once beyond 1842.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jul 30
There is an ascending channel spotted, the price is about to break out.
An ascending channel identifies extending an downtrend once price breakdown occurs.
It is possible that a further bearish move towards the 1870 zone will happen.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Dec 27
There is a descending channel diagnosed.
A descending channel is said to depict a chart signal that often signals a bearish-to-bullish trend reversal in case if price breaks above resistance.
It is possible that a further rangebound to the 2240 level will take place as ETH/USD probes 2230 hurdle.
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Ethereum · ETH/USD