There is a descending channel recognized and ETH/USD lacks a further strong move as a signal of a breakout.
A descending channel often indicates a move up if price breaks above resistance.
ETH/USD to push up towards 3600 as the cryptocurrency nears 3500 hurdle.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Jan 29
A rectangle is found.
A rectangle suggests a bullish price action formation that results in a further move up once price breaks through the resistance.
ETH/USD to continue the appreciation trend to 2320 on a breakout of the rectangle.
Ethereum: Bearish Rectangle
ETH/USD,
4 hours
SHORT
Mar 9
As we can see ETH/USD sets up a bearish rectangle, the price requests a further active move as an indication of a breakout.
A bearish rectangle is said to depict a compelling bearish chart signal that is used to signal the more likely potential of falling prices in case if price breakdown occurs.
A bearish move towards 1540 looks probable.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jul 30
It seems like an ascending channel turns up.
An ascending channel is an indicator that can be used to indicate that the price to go down if price breaks out.
ETH/USD risks a move towards 1870.
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.
Ethereum: Rising Wedge
ETH/USD,
1 hour
SHORT
Apr 18
There is a rising wedge happening, the price is going to break out soon.
A rising wedge predicts a next move down once price breaks out.
ETH/USD to extend the fall to 2060.
Ethereum: Pennant
ETH/USD,
1 hour
SHORT
Oct 9
A pennant is very close to being finished.
A pennant is believed to be a reliable bearish price signal that typically signals a bearish price action in case if price breaks through the support.
ETH/USD points to the downside to the 1625 level as door open for the continuation of the downtrend.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Sep 27
A descending channel forms.
A descending channel provides a useful price formation that indicates a next move up in case if price breaks out.
ETH/USD to recover bullish potential to the 1600 level.
Ethereum: Bearish Rectangle
ETH/USD,
1 hour
SHORT
Jan 7
A bearish rectangle is close to completion and the price is ready to break out soon.
A bearish rectangle provides a signal that typically signals a bearish price move when price breaks below support.
It is likely that a bearish price action towards the 2230 level will be made.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Aug 11
The price creates a rectangle and ETH/USD needs a more bigger move as an information of a breakdown.
A rectangle spots a bearish move in case if price collapses through the support line.
There is a possibility of a bearish price action towards the 1845 level on a breakout of the rectangle.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
Apr 27
There is a bullish flag occuring.
A bullish flag signals that the price to go long if price breaks out to the the upside.
ETH/USD turns higher to 3140 on a break above 3130.
Ethereum: Rectangle
ETH/USD,
4 hours
LONG
2 days ago
There is a rectangle detected, ETH/USD expects a more bigger move for the certainty of breakout.
A rectangle is a bullish formation that is used to identify that the price to go long in case if price breaks above resistance.
A bullish run towards the 3100 zone is on the way.
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Ethereum · ETH/USD