There is an ascending channel spotted.
An ascending channel tends to be a specific signal that often results in the bulls have run out of steam if price collapses through the support line.
A move to 3850 looks possible.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Nov 24
A rectangle is almost finished, ethusd wants a next active move as a sign of a breakout.
A rectangle provides a compelling price action formation that typically indicates a bullish price action once price breaks out to the the upside.
Ethusd to continue higher to 2880 on a breakout of the rectangle.
Ethereum: Rectangle
ETH/USD,
4 hours
SHORT
Jun 20
It looks like the price gives a rectangle and ETH/USD lacks a bigger correction to confirm rectangle breakout.
If price breakdown occurs, the move could indicate an extension in the downward direction.
There is a chance of a rangebound to the 2450 mark as door open for the continuation of the downtrend.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Nov 21
We can see that a descending channel has been exposed.
If price breaks out to the the upside, the move could spot a tendency to break in the opposite direction.
ETH/USD aims to complete a retracement to 3140.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Feb 24
There is an ascending channel forming and the price wants a next bigger move to confirm a breakout.
When price breaks out, the resulting move could identify extending an downtrend.
A move to 2600 is likely to happen on a breakout of the ascending channel.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Oct 20
As we can see the price composes a descending channel and the price requests a bullish move as proof of a breakout.
Once price breaks out, the resulting move could spot a further move up.
Ethusd to enjoy a considerable gain to the 4100 zone once above 4060.
Ethereum: Bullish Flag
ETH/USD,
4 hours
LONG
Oct 19
There is a bullish flag diagnosed.
A bullish flag represents a useful bullish signal that signals price reversal after a pause once price breaks above resistance.
Ethusd to maintain its positive tone towards the 4000 zone as bulls looking for upside correction.
Ethereum: Descending Triangle
ETH/USD,
1 hour
SHORT
Apr 6
A descending triangle is almost completed.
If price breaks out, the resulting move could spot a bearish price action.
ETH/USD to drop towards 1770 on a breakdown of the descending triangle.
Ethereum: Descending Triangle
ETH/USD,
1 hour
SHORT
Jan 7
A descending triangle emerges.
If price breakdown occurs, the move could predict a bearish price action.
There is a possibility of decline towards 3620.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
LONG
May 14
An ascending triangle has been identified.
An ascending triangle typically predicts extending an uptrend in case if price breaks out to the the upside.
A bullish price action to 1815 is on the cards.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Mar 2
A descending channel is close to completion.
If price breaks through the resistance, the resulting move could identify a next move up.
A bullish continuation to the 2240 level looks probable on a breach of 2220 as door open for a test of 2240.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Sep 24
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.
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Ethereum · ETH/USD