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: Absteigender Kanal
ETH/USD,
1 Stunde
LONG
Jun 2
There is a descending channel turning up, the price is breaking out.
A descending channel depicts a signal that can be used to identify that prices move counter to the prevailing price trend when price breaks out.
There is a probability of a further rangebound to the 2560 mark.
Ethereum: Aufsteigender Kanal
ETH/USD,
1 Stunde
SHORT
Okt 22
We can see that ethusd composes an ascending channel, ethusd wants a next steady bearish move to confirm a breakout.
An ascending channel represents a bearish chart pattern that is angled up that can be used to predict that the price to go down once price breakdown occurs.
Ethusd to nosedive towards the 3850 mark.
Ethereum: Bärische Flagge
ETH/USD,
1 Stunde
SHORT
Mai 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: Absteigender Kanal
ETH/USD,
1 Stunde
LONG
Dez 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: Absteigender Kanal
ETH/USD,
4 Stunden
LONG
Nov 6
There is a descending channel occuring, the price breaks out.
When price breaks through the resistance, the move could identify that the price to go long.
A bullish push up towards 2500 is a possibility on a breakout of the descending channel.
Ethereum: Absteigender Kanal
ETH/USD,
1 Stunde
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: Rechteck
ETH/USD,
4 Stunden
SHORT
Aug 1
It seems like a rectangle is almost finished.
A rectangle typically identifies the bulls have run out of steam when price breaks through the support.
ETH/USD to extend the fall to the 3200 zone on a breakout of the rectangle.
Ethereum: Aufsteigender Kanal
ETH/USD,
1 Stunde
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.
Ethereum: Absteigender Kanal
ETH/USD,
1 Stunde
LONG
Mai 5
A descending channel arises, the price is ready to break out now.
In case if price breaks out, the resulting move could indicate a change in the prevailing trend.
A bullish move towards the 1830 level about to be made.
Ethereum: Absteigendes Dreieck
ETH/USD,
1 Stunde
LONG
Jun 26
A descending triangle develops, the price is about to break out.
A descending triangle is said to depict a useful price action indicator that typically signals that the price to go up in case if price breaks out to the the upside.
A bullish price action towards the 3420 mark looks probable on a break above 3410.
Ethereum: Bullische Flagge
ETH/USD,
1 Stunde
LONG
Mär 29
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.
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Ethereum · ETH/USD