As we can see ETH/USD sets up a bearish rectangle, the price requests a further active move as an indication of a breakout.
A bearish rectangle is said to depict a compelling bearish chart signal that is used to signal the more likely potential of falling prices in case if price breakdown occurs.
A bearish move towards 1540 looks probable.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Sep 30
There is an ascending channel detected and ETH/USD asks for a more active move as an information of a breakdown.
In case if price collapses through the support line, the resulting move could spot an extension in the downward direction.
A bearish push down to the 2600 zone looks probable on a breakout of the ascending channel as ETH/USD becomes bearish.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jul 30
It seems like an ascending channel turns up.
An ascending channel is an indicator that can be used to indicate that the price to go down if price breaks out.
ETH/USD risks a move towards 1870.
Ethereum: Rising Wedge
ETH/USD,
1 hour
SHORT
Apr 18
There is a rising wedge happening, the price is going to break out soon.
A rising wedge predicts a next move down once price breaks out.
ETH/USD to extend the fall to 2060.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jun 17
We can see that an ascending channel is revealed, the price demands a further move as a sign of a breakdown.
An ascending channel suggests a reliable signal that is used to predict a bearish move in case if price collapses through the support line.
It is likely that a further rangebound towards the 3550 mark will be made on a breakdown of the ascending channel.
Ethereum: Pennant
ETH/USD,
1 hour
SHORT
Oct 9
A pennant is very close to being finished.
A pennant is believed to be a reliable bearish price signal that typically signals a bearish price action in case if price breaks through the support.
ETH/USD points to the downside to the 1625 level as door open for the continuation of the downtrend.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Sep 27
A descending channel forms.
A descending channel provides a useful price formation that indicates a next move up in case if price breaks out.
ETH/USD to recover bullish potential to the 1600 level.
Ethereum: Bearish Rectangle
ETH/USD,
1 hour
SHORT
Jan 7
A bearish rectangle is close to completion and the price is ready to break out soon.
A bearish rectangle provides a signal that typically signals a bearish price move when price breaks below support.
It is likely that a bearish price action towards the 2230 level will be made.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Aug 11
The price creates a rectangle and ETH/USD needs a more bigger move as an information of a breakdown.
A rectangle spots a bearish move in case if price collapses through the support line.
There is a possibility of a bearish price action towards the 1845 level on a breakout of the rectangle.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Oct 28
A rectangle is very close to being finished, ETH/USD requests a next active bullish impulse to confirm a breakout.
A rectangle often signals a bullish price action if price breaks out.
ETH/USD to push up towards 2520 once above 2520 as there is a chance for a upside correction.
Ethereum: Falling Wedge
ETH/USD,
1 hour
LONG
3 days ago
A falling wedge is almost done and ETH/USD requires a strong move as evidence of a breakout.
If price breaks above resistance, the move could spot a break in the price direction.
ETH/USD to extend its rebound to 3150 on a breach of 3120.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Jun 17
A rectangle materializes, the price is ready to break out now.
A rectangle often signals a next move down once price breaks out to the the downside.
ETH/USD to accomodate towards the 3540 mark on a breach of 3545.
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