A bullish flag develops and the price is close to breaking out.
A bullish flag provides a chart pattern that often predicts that the price to go up in case if price breaks out.
ETH/USD to turn bullish to 2510 on impulse above 2500.
Ethereum: Rising Wedge
ETH/USD,
1 hour
SHORT
Jun 30
There is a rising wedge uncovered, ETH/USD requires a bigger move as a signal of a breakout.
A rising wedge often results in price reversal after a pause in case if price breaks below support.
There is a possibility of a bearish move towards 1840.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Mar 14
An ascending triangle is close to being finished and the price requires a next bearish continuation to confirm a breakdown.
When price breaks below support, the move could predict an extension in the downward direction.
There is a possibility of a bearish push down towards 3960.
Ethereum: Descending Triangle
ETH/USD,
4 hours
LONG
Jun 20
A descending triangle is discovered and the price demands a further strong move as proof of a breakout.
A descending triangle describes a specific bullish chart signal that typically predicts that the price will rally further when price breaks through the resistance.
ETH/USD pushes higher to 1760 as ETH/USD becomes bullish.
Ethereum: Pennant
ETH/USD,
4 hours
LONG
Feb 24
There is a pennant coming out.
A pennant results in a bullish price action in case if price breaks through the resistance.
A move towards 3000 is not ruled out on a breakout of the pennant.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Nov 21
As we can see ETH/USD sets up an ascending channel.
An ascending channel tends to be a compelling chart formation that can be used to predict a next move down once price breaks below support.
There is a probability of extra downside towards the 2000 level.
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
Aug 4
A bearish flag is encountered, the price expects a strong move as a clue of a breakout.
A bearish flag depicts a bearish price action indicator that is used to indicate that prices move counter to the prevailing price trend in case if price breaks through the support.
ETH/USD set to lose more ground towards the 1830 level on a breakout of the bearish flag.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
May 5
We can see that a descending channel forms.
A descending channel identifies a reliable bullish price action pattern that indicates a downward trend is nearing its end when price breaks through the resistance.
ETH/USD to head to 1910 on a breakout of the descending channel.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jan 7
There is an ascending triangle identified, the price is breaking out.
An ascending triangle tends to be a technical price indicator that typically predicts the bulls have run out of steam when price collapses through the support line.
There is a chance of a bearish push down to 2240 as there is a chance of further weakness.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jul 19
An ascending channel is very close to being completed, the price is going to break out soon.
When price breaks through the support, the resulting move could signal a move down.
There is a probability of a bearish move to 1880.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Jun 18
A descending channel has been encountered and the price asks for a more bigger move to confirm a breakout.
A descending channel describes a compelling pattern that can be used to indicate that the price to go long in case if price breaks above resistance.
ETH/USD pushes higher towards the 1760 zone once above 1745.
Ethereum: Pennant
ETH/USD,
1 hour
SHORT
Sep 10
There is a pennant recognized, the price is going to break out soon.
A pennant can be thought of as a reliable bearish price action formation that is used to identify prices are likely to keep falling downward when price collapses through the support line.
ETH/USD risks suffer setback towards 1632 on a downside break.
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Ethereum · ETH/USD