There is a descending triangle exposed.
When price collapses through the support line, the resulting move could predict a bearish move.
ETH/USD to continue the dereciation trend towards the 1625 level while lower than 1627 as the cryptocurrency challenges 1627 hurdle.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Nov 4
There is a rectangle diagnosed, the price is ready to break out.
A rectangle signals an extension in the upward direction if price breaks out to the the upside.
ETH/USD to head towards 1850 once beyond 1842.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Feb 24
A rectangle is close to being complete and the price requires a further strong move to confirm a breakout.
A rectangle tends to be a compelling pattern that identifies the bears have run out of steam once price breaks above resistance.
A bullish run to the 2970 zone stays on the cards as bulls looking for upside correction.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jul 30
There is an ascending channel spotted, the price is about to break out.
An ascending channel identifies extending an downtrend once price breakdown occurs.
It is possible that a further bearish move towards the 1870 zone will happen.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Dec 27
There is a descending channel diagnosed.
A descending channel is said to depict a chart signal that often signals a bearish-to-bullish trend reversal in case if price breaks above resistance.
It is possible that a further rangebound to the 2240 level will take place as ETH/USD probes 2230 hurdle.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Mar 18
There is a rectangle detected, the price is going to break out soon.
A rectangle often indicates the more likely potential of falling prices once price breakdown occurs.
ETH/USD tests a move towards 3450 as door open for the continuation of the downtrend.
Ethereum: Symmetrical Triangle
ETH/USD,
4 hours
SHORT
Mar 30
There is a symmetrical triangle turning up.
A symmetrical triangle denotes a reliable formation that often spots that the price to go short once price breaks out.
A bearish price action to the 3450 level looks probable while below 3480 as the cryptocurrency becomes weaker.
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: Ascending Channel
ETH/USD,
1 hour
SHORT
Nov 14
There is an ascending channel detected, the price is about to break out.
An ascending channel typically indicates a bullish-to-bearish trend reversal when price breaks through the support.
ETH/USD hints a change to the downside towards the 2020 level.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
May 21
We can see that the price composes an ascending triangle, the price requests a steady move as evidence of a breakdown.
An ascending triangle is said to depict a reliable bearish chart pattern that typically identifies a sharp decline when price breaks out.
ETH/USD risks extra losses to 1810.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jul 6
There is an ascending channel uncovered and the price expects a correction as proof of a breakdown.
An ascending channel results in that the price to go down once price collapses through the support line.
There is a possibility of extra downside to the 1900 level on a breakout of the ascending channel.
Ethereum: Descending Triangle
ETH/USD,
1 hour
SHORT
Feb 4
There is a descending triangle taking place, ETH/USD demands a steady move as proof of a breakdown.
When price collapses through the support line, the move could signal a further move down.
A bearish price action to the 2290 zone stays on the cards as indicators favor bears.
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Ethereum · ETH/USD