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Ethereum · ETH/USD

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Ethereum: Descending Channel

ETH/USD, 4 hours    LONG Nov 6
31Nov 2 3 4 5 6 7 82,3502,4002,4502,5002,5502,6002,6502,7002,7502,8002,8502,9002,9503,000↓ resistance ↓↑ support ↑breakoutETH/USD · 4H · 6 Nov 2024
There is a descending channel occuring, the price breaks out. When price breaks through the resistance, the move could identify that the price to go long. A bullish push up towards 2500 is a possibility on a breakout of the descending channel.

Ethereum: Descending Channel

ETH/USD, 1 hour    LONG Jul 13
1112:001212:001312:00141,8601,8701,8801,8901,9001,9101,9201,9301,9401,9501,9601,9701,9801,9902,0002,0102,0202,0302,040↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 13 Jul 2023
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
25Aug2,8502,9002,9503,0003,0503,1003,1503,2003,2503,3003,3503,4003,4503,5003,550↓ resistance ↓↑ support ↑breakoutETH/USD · 4H · 1 Aug 2024
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
1712:001812:001912:001,9201,9401,9601,9802,0002,0202,0402,0602,0802,1002,1202,1402,160↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 19 Apr 2023
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: Descending Triangle

ETH/USD, 1 hour    LONG Jun 26
2512:002612:002712:003,2403,2603,2803,3003,3203,3403,3603,3803,4003,4203,4403,4603,480↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 26 Jun 2024
A descending triangle develops, the price is about to break out. A descending triangle is said to depict a useful price action indicator that typically signals that the price to go up in case if price breaks out to the the upside. A bullish price action towards the 3420 mark looks probable on a break above 3410.

Ethereum: Ascending Channel

ETH/USD, 4 hours    SHORT Feb 21
101520252,3002,3502,4002,4502,5002,5502,6002,6502,7002,7502,8002,8502,900↓ resistance ↓↑ support ↑breakoutETH/USD · 4H · 21 Feb 2025
It seems like an ascending channel has been identified, the price expects a more bearish move as an indication of a breakdown. An ascending channel identifies extending an downtrend when price breaks below support. ETH/USD to accomodate to the 2600 mark.

Ethereum: Bullish Flag

ETH/USD, 1 hour    LONG Mar 29
2812:002912:00303,4003,4203,4403,4603,4803,5003,5203,5403,5603,5803,6003,6203,6403,6603,680↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 29 Mar 2024
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.

Ethereum: Symmetrical Triangle

ETH/USD, 1 hour    LONG Oct 1
3012:00Oct12:001,6501,6601,6701,6801,6901,7001,7101,7201,7301,7401,7501,760↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 1 Oct 2023
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: Bullish Flag

ETH/USD, 1 hour    LONG Oct 6
512:00 612:00 72,3402,3502,3602,3702,3802,3902,4002,4102,4202,4302,4402,4502,4602,4702,4802,4902,500↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 6 Oct 2024
A bullish flag is close to completion, the price is ready to break out soon. A bullish flag depicts a chart signal that is used to spot a breakout higher in case if price breaks out to the the upside. ETH/USD to resume its rise towards 2430 on a breach of 2420 as ETH/USD sticks to the positive mood.

Ethereum: Descending Triangle

ETH/USD, 1 hour    LONG Mar 2
Mar12:00 212:002,1002,1502,2002,2502,3002,3502,4002,4502,5002,5502,600↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 2 Mar 2025
We can see that a descending triangle is almost done. A descending triangle suggests a reliable pattern that typically identifies a next move up if price breaks out. ETH/USD to look for a further push towards the 2240 level on a breach of 2230.

Ethereum: Rising Wedge

ETH/USD, 1 hour    SHORT Dec 26
2412:002512:002612:003,2803,3003,3203,3403,3603,3803,4003,4203,4403,4603,4803,5003,5203,5403,560↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 26 Dec 2024
There is a rising wedge turning up, ETH/USD requires a strong move as proof of a breakdown. A rising wedge tends to be a technical bearish price action formation that signals price heading to a new direction once price breaks out to the the downside. ETH/USD embarks on a bearish correction towards 3460 as the cryptocurrency becomes under pressure.

Ethereum: Descending Triangle

ETH/USD, 1 hour    SHORT Dec 26
2512:002612:003,3003,3203,3403,3603,3803,4003,4203,4403,4603,4803,5003,5203,5403,560↓ resistance ↓↑ support ↑breakoutETH/USD · 1H · 26 Dec 2024
A descending triangle has been recognized and ETH/USD wants a more bigger move to confirm descending triangle breakout. When price breaks through the support, the resulting move could spot that the price to go down. It is likely that corrective downside towards 3440 will occur on a breach of 3450 as the cryptocurrency challenges 3450 hurdle.
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