An ascending channel materializes and the price calls for a steady move for the certainty of breakout.
An ascending channel typically signals a move down in case if price breaks down.
ETH/USD to extend its slide to the 3100 level.
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 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 Triangle
ETH/USD,
1 day
LONG
Feb 10
A descending triangle has been detected, ETH/USD requests a next bigger impulse up as an information of a breakout.
A descending triangle can be thought of as a technical chart pattern that can be used to signal a move up once price breaks above resistance.
ETH/USD to enjoy a considerable gain to 2600 on a breakout of the descending triangle as ETH/USD challenges 2480 hurdle.
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.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Jul 2
A descending triangle is exposed, the price requires a next bigger bullish impulse as a signal of a breakout.
A descending triangle suggests a reliable bullish formation with a downward bias that is used to predict that the price to go long when price breaks out to the the upside.
ETH/USD to prolong the growth phase towards the 1930 level.
Ethereum: Rising Wedge
ETH/USD,
4 hours
SHORT
2 days ago
There is a rising wedge identified, the price breaks out now.
A rising wedge typically predicts a move down once price breaks out to the the downside.
A further bearish continuation to the 3100 level is likely on a downside break.
Ethereum: Rising Wedge
ETH/USD,
1 hour
SHORT
2 days ago
ETH/USD gives a rising wedge, the price is about to break out soon.
When price breakdown occurs, the move could identify a further move down.
There is a chance of a bearish price action to the 3200 level.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Dec 11
There is an ascending channel found and the price is about to break out now.
An ascending channel identifies a compelling chart pattern with an upward bias that is used to predict extending an downtrend once price breaks out to the the downside.
It is likely that a bearish push down to 2320 will form while below 2330.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
4 days ago
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jul 13
As we can see a descending channel has been recognized, the price wants a next move to confirm descending channel breakout.
A descending channel suggests a bullish pattern that is angled down that can be used to signal a downward trend is about to reverse into an upnward trend when price breaks out to the the upside.
It is not ruled out that a bullish continuation towards the 1890 zone will form on impulse above 1886 as indicators favor bulls.
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Ethereum · ETH/USD