It looks like the price shapes a bullish flag and the price expects a more bigger bullish move for clear breakout confirmation.
A bullish flag tends to be a pattern that often indicates that the price will rally further if price breaks out.
ETH/USD hints a change to the upside to the 3540 level as door open for a test of 3540.
Ethereum: Symmetrical Triangle
ETH/USD,
1 hour
LONG
Oct 1
It seems like a symmetrical triangle is nearing completion.
When price breaks through the resistance, the move could signal a sharp rise.
ETH/USD points to the upside to 1685 while above 1680 amid rising bets for the move.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Apr 23
Ethereum: Falling Wedge
ETH/USD,
1 hour
LONG
Dec 7
There is a falling wedge arising, the price is close to breaking out.
Once price breaks out, the resulting move could predict an interruption of a downtrend.
There is a chance of a further bullish push up to the 2280 mark.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Dec 1
It seems like a descending channel is very close to being completed and ETH/USD requires a move as an indication of a breakout.
A descending channel is believed to be a specific price signal that typically indicates that prices are likely to keep rallying upward once price breaks above resistance.
It is likely that a further rangebound towards the 2060 mark will be made as door open for the continuation of the uptrend.
Ethereum: Rectangle
ETH/USD,
4 hours
SHORT
Apr 19
As we can see a rectangle is close to being finished, the price is close to breaking out soon.
A rectangle identifies a further move down when price breaks through the support.
There is a possibility of a bearish push down to the 2040 zone as gains remain capped.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Feb 4
We can see that a descending channel has been diagnosed.
A descending channel is a reliable price action signal that can be used to identify a bullish move in case if price breaks out.
ETH/USD looks north to the 2310 mark on a breach of 2306.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Jul 4
There is a rectangle taking place.
Once price breaks down, the resulting move could identify the bulls have run out of steam.
A rangebound to 1945 is probable on a breakdown of the rectangle.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Sep 6
A descending channel has been discovered.
A descending channel often signals a bullish price action in case if price breaks out.
ETH/USD to maintain its positive tone to the 1650 zone.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jan 21
There is an ascending triangle spotted, the price is going to break out.
An ascending triangle denotes a bearish chart formation that identifies extending an downtrend if price breakdown occurs.
It is likely that a move towards the 2470 level will be made once below 2472.
Ethereum: Bullish Flag
ETH/USD,
4 hours
LONG
6 days ago
A bullish flag turns up and the price is close to breaking out soon.
A bullish flag is believed to be a reliable signal that often signals a bullish move in case if price breaks through the resistance.
ETH/USD to continue the appreciation trend to 3000 on a breach of 2960 as minor hurdle remains at 2960.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
4 days ago
A descending channel has been recognized and the price wants a bullish impulse to confirm descending channel breakout.
A descending channel provides a bullish price action indicator that can be used to identify a move up if price breaks above resistance.
A bullish move towards 2940 is likely to happen.
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Ethereum · ETH/USD