There is an ascending triangle uncovered and ETH/USD requests a next move as a signal of a breakout.
An ascending triangle typically spots an extension in the upward direction when price breaks above resistance.
There is a chance of a bullish price action towards 1905 while above 1902 as ETH/USD is at a brink of a bullish breakout.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
LONG
May 14
An ascending triangle has been identified.
An ascending triangle typically predicts extending an uptrend in case if price breaks out to the the upside.
A bullish price action to 1815 is on the cards.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Sep 24
An ascending channel comes out and the price requires a next bigger move as an indication of a breakdown.
An ascending channel identifies a specific bearish signal that identifies a move down if price breaks out.
ETH/USD to suffer further downside towards 1590.
Ethereum: Rectangle
ETH/USD,
1 day
LONG
Mar 18
It seems like a rectangle forms, ETH/USD wants a bigger move as a verification of a breakout.
A rectangle depicts a price action indicator that can be used to signal extending an uptrend in case if price breaks through the resistance.
A further move to the 1800 mark is possible as ETH/USD challenges 1720 hurdle.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
Apr 3
It looks like a bullish flag is almost done and the price requests a further bigger bullish impulse to confirm bullish flag breakout.
A bullish flag often results in a bullish price action if price breaks through the resistance.
There is a possibility of a further move towards the 1820 zone on a breach of 1810 as there is room for a upside correction.
Ethereum: Descending Triangle
ETH/USD,
1 hour
SHORT
Jun 9
As we can see a descending triangle develops, the price is close to breaking out.
A descending triangle typically signals a bearish move if price breaks out.
There is a possibility of extra downside to 1830 as the cryptocurrency challenges 1834 hurdle.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Jun 20
It seems like a rectangle has been uncovered, the price is about to break out.
A rectangle describes a technical chart formation that typically results in a bullish move if price breaks out.
ETH/USD looks ready to further extend its gains to the 1750 mark on impulse above 1744.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Mar 14
The price shapes an ascending channel and ETH/USD requests a further correction for clear breakdown confirmation.
An ascending channel describes a reliable formation that is angled up that is used to signal a move down once price breakdown occurs.
Corrective downside to 3900 is probable on a downside break as door open for the continuation of the downtrend.
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
May 10
It seems like a bearish flag is revealed and the price is ready to break out.
A bearish flag can be thought of as a reliable bearish chart signal that typically signals a change in the prevailing trend if price breaks through the support.
It is not ruled out that a rangebound towards 1840 will happen while below 1846 as door open for a test of 1840.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Dec 7
A descending channel develops, the price breaks out.
When price breaks out to the the upside, the move could signal that the price to go long.
ETH/USD does not rule out a move towards 2270.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jul 13
There is a descending channel taking place, ETH/USD lacks a steady move as a verification of a breakout.
A descending channel is said to depict a bullish formation that typically results in a potential bullish reversal in price action if price breaks through the resistance.
ETH/USD challenges a move towards 1900.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Apr 19
An ascending channel has been determined and the price is breaking out.
An ascending channel typically identifies a break in the price direction when price breakdown occurs.
A bearish move to 2060 is likely.
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.
Ethereum · ETH/USD