It seems like a symmetrical triangle is nearing completion.
When price breaks through the resistance, the move could signal a sharp rise.
ETH/USD points to the upside to 1685 while above 1680 amid rising bets for the move.
Ethereum: Falling Wedge
ETH/USD,
1 hour
LONG
Dec 7
There is a falling wedge arising, the price is close to breaking out.
Once price breaks out, the resulting move could predict an interruption of a downtrend.
There is a chance of a further bullish push up to the 2280 mark.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Dec 1
It seems like a descending channel is very close to being completed and ETH/USD requires a move as an indication of a breakout.
A descending channel is believed to be a specific price signal that typically indicates that prices are likely to keep rallying upward once price breaks above resistance.
It is likely that a further rangebound towards the 2060 mark will be made as door open for the continuation of the uptrend.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
3 days ago
Ethereum: Rectangle
ETH/USD,
4 hours
SHORT
Apr 19
As we can see a rectangle is close to being finished, the price is close to breaking out soon.
A rectangle identifies a further move down when price breaks through the support.
There is a possibility of a bearish push down to the 2040 zone as gains remain capped.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Feb 4
We can see that a descending channel has been diagnosed.
A descending channel is a reliable price action signal that can be used to identify a bullish move in case if price breaks out.
ETH/USD looks north to the 2310 mark on a breach of 2306.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Sep 6
A descending channel has been discovered.
A descending channel often signals a bullish price action in case if price breaks out.
ETH/USD to maintain its positive tone to the 1650 zone.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Jul 4
There is a rectangle taking place.
Once price breaks down, the resulting move could identify the bulls have run out of steam.
A rangebound to 1945 is probable on a breakdown of the rectangle.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jan 21
There is an ascending triangle spotted, the price is going to break out.
An ascending triangle denotes a bearish chart formation that identifies extending an downtrend if price breakdown occurs.
It is likely that a move towards the 2470 level will be made once below 2472.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Mar 21
There is a descending channel recognized and ETH/USD lacks a further strong move as a signal of a breakout.
A descending channel often indicates a move up if price breaks above resistance.
ETH/USD to push up towards 3600 as the cryptocurrency nears 3500 hurdle.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Apr 21
There is a rectangle noticed, the price demands further bigger push down as an indication of a breakout.
When price breaks out to the the downside, the move could spot prices are likely to keep falling downward.
A rangebound to 1920 is a possibility.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Jan 29
A rectangle is found.
A rectangle suggests a bullish price action formation that results in a further move up once price breaks through the resistance.
ETH/USD to continue the appreciation trend to 2320 on a breakout of the rectangle.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Ethereum · ETH/USD