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: Descending Triangle
ETH/USD,
1 hour
SHORT
Jun 11
A descending triangle occurs and ETH/USD wants bigger fall as a verification of a breakout.
A descending triangle can be thought of as a chart formation that spots extending an downtrend if price breakdown occurs.
It is likely that a rangebound towards 3620 will happen on a breach of 3640.
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: Ascending Channel
ETH/USD,
1 hour
SHORT
Jun 17
It looks like an ascending channel emerges and the price is close to breaking out.
Once price collapses through the support line, the move could predict that the price to go short.
It is likely that a bearish price action towards 3560 will happen on a breakdown of the ascending channel.
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: 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: Rectangle
ETH/USD,
4 hours
SHORT
Aug 1
It seems like a rectangle is almost finished.
A rectangle typically identifies the bulls have run out of steam when price breaks through the support.
ETH/USD to extend the fall to the 3200 zone on a breakout of the rectangle.
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.
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Ethereum · ETH/USD