A descending channel arises, ETH/USD calls for a next move for clear breakout confirmation.
A descending channel is said to depict a compelling bullish price action indicator that often signals a breakout higher once price breaks out to the the upside.
It is not ruled out that a bullish push up to 3140 will take place on a upside break.
Ethereum: Pennant
ETH/USD,
1 hour
LONG
14 hours ago
A pennant is close to being done, ETH/USD requires a strong bullish impulse as a clue of a breakout.
When price breaks above resistance, the resulting move could signal that prices are likely to keep rallying upward.
There is a probability of a bullish push up towards 3140 on a breach of 3125.
Ethereum: Descending Triangle
ETH/USD,
1 day
LONG
Nov 7
It looks like a descending triangle is found and ETH/USD wants a steady move to confirm descending triangle breakout.
A descending triangle describes a compelling bullish indicator that often results in that prices are likely to keep rallying upward when price breaks above resistance.
A rangebound to 2700 is possible on a breakout of the descending triangle.
Ethereum: Pennant
ETH/USD,
4 hours
SHORT
2 days ago
A pennant is close to being complete, ETH/USD wants a more strong move as evidence of a breakdown.
A pennant typically identifies prices are likely to keep falling downward when price breaks down.
ETH/USD to extend its slide towards 3050 as the cryptocurrency probes 3060 hurdle.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Nov 5
It seems like the price forms a descending channel, the price expects a further steady move to confirm descending channel breakout.
A descending channel denotes a technical price action indicator that results in a bullish move once price breaks through the resistance.
ETH/USD to continue the appreciation trend towards 2480.
Ethereum: Rectangle
ETH/USD,
4 hours
SHORT
Mar 15
It seems like the price forms a rectangle, the price calls for a bigger correction to confirm a breakdown.
A rectangle tends to be a reliable price pattern that often identifies a bearish move in case if price collapses through the support line.
A move towards the 3700 mark is a possibility.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
27 hours ago
The price builds an ascending triangle and ETH/USD asks for further bigger pullback as evidence of a breakdown.
An ascending triangle provides a bearish price pattern that can be used to signal prices are likely to keep falling downward in case if price breakdown occurs.
ETH/USD to drop to the 3050 level on impulse below 3080.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Aug 15
There is an ascending channel taking place, the price is close to breaking out now.
An ascending channel often results in that the price to go down if price breakdown occurs.
ETH/USD to extend its setback towards 1820 as ETH/USD nears 1840 hurdle.
Ethereum: Descending Channel
ETH/USD,
4 hours
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: Bullish Rectangle
ETH/USD,
1 hour
LONG
Oct 14
It looks like a bullish rectangle has been discovered and ETH/USD needs a bigger bullish continuation as a signal of a breakout.
A bullish rectangle suggests a reliable bullish indicator that is used to predict that the price to go up once price breaks out.
ETH/USD to have better chances of advancing towards 2500 on a breakout of the bullish rectangle.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jun 5
An ascending triangle is distinguished, the price is ready to break out.
An ascending triangle is a technical price action indicator that results in that the price to go short once price breaks out to the the downside.
There is a chance of a bearish price action to the 1895 zone while lower than 1896.
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
Jan 21
We can see that a bearish flag is spotted.
A bearish flag describes a technical bearish price pattern that has an upward slope that typically identifies the more likely potential of falling prices when price breaks through the support.
There is a chance of extra downside towards 2465 on a breakout of the bearish flag.
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Ethereum · ETH/USD