An ascending channel comes out and the price requires a next bigger move as an indication of a breakdown.
An ascending channel identifies a specific bearish signal that identifies a move down if price breaks out.
ETH/USD to suffer further downside towards 1590.
Ethereum: Rectangle
ETH/USD,
1 day
LONG
Mar 18
It seems like a rectangle forms, ETH/USD wants a bigger move as a verification of a breakout.
A rectangle depicts a price action indicator that can be used to signal extending an uptrend in case if price breaks through the resistance.
A further move to the 1800 mark is possible as ETH/USD challenges 1720 hurdle.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
Apr 3
It looks like a bullish flag is almost done and the price requests a further bigger bullish impulse to confirm bullish flag breakout.
A bullish flag often results in a bullish price action if price breaks through the resistance.
There is a possibility of a further move towards the 1820 zone on a breach of 1810 as there is room for a upside correction.
Ethereum: Descending Triangle
ETH/USD,
1 hour
SHORT
Jun 9
As we can see a descending triangle develops, the price is close to breaking out.
A descending triangle typically signals a bearish move if price breaks out.
There is a possibility of extra downside to 1830 as the cryptocurrency challenges 1834 hurdle.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Jun 20
It seems like a rectangle has been uncovered, the price is about to break out.
A rectangle describes a technical chart formation that typically results in a bullish move if price breaks out.
ETH/USD looks ready to further extend its gains to the 1750 mark on impulse above 1744.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Mar 14
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: Falling Wedge
ETH/USD,
4 hours
LONG
Apr 18
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
May 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: Descending Channel
ETH/USD,
1 hour
LONG
Dec 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: Descending Channel
ETH/USD,
1 hour
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: Ascending Channel
ETH/USD,
1 hour
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: Bullish Flag
ETH/USD,
1 hour
LONG
Mar 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