We can see that ethusd composes an ascending channel, ethusd wants a next steady bearish move to confirm a breakout.
An ascending channel represents a bearish chart pattern that is angled up that can be used to predict that the price to go down once price breakdown occurs.
Ethusd to nosedive towards the 3850 mark.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jun 2
There is a descending channel turning up, the price is breaking out.
A descending channel depicts a signal that can be used to identify that prices move counter to the prevailing price trend when price breaks out.
There is a probability of a further rangebound to the 2560 mark.
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,
4 hours
LONG
Nov 6
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
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: Descending Channel
ETH/USD,
1 hour
LONG
May 5
A descending channel arises, the price is ready to break out now.
In case if price breaks out, the resulting move could indicate a change in the prevailing trend.
A bullish move towards the 1830 level about to be made.
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.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Jun 26
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: Bullish Flag
ETH/USD,
1 hour
LONG
Mar 29
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: Ascending Channel
ETH/USD,
4 hours
SHORT
Feb 21
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.
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Ethereum · ETH/USD