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: Descending Triangle
ETH/USD,
1 hour
LONG
Mar 2
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: Bullish Flag
ETH/USD,
1 hour
LONG
Oct 6
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: Rising Wedge
ETH/USD,
1 hour
SHORT
Dec 26
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: Ascending Triangle
ETH/USD,
1 hour
LONG
Oct 20
An ascending triangle has been diagnosed.
An ascending triangle spots a bullish price action once price breaks above resistance.
It is likely that a bullish move towards 2655 will happen on a breakout of the ascending triangle as minor hurdle remains at 2652.
Ethereum: Descending Triangle
ETH/USD,
1 hour
SHORT
Dec 26
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.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Apr 23
Ethereum: Falling Wedge
ETH/USD,
1 hour
LONG
Dec 7
There is a falling wedge arising, the price is close to breaking out.
Once price breaks out, the resulting move could predict an interruption of a downtrend.
There is a chance of a further bullish push up to the 2280 mark.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Sep 22
A descending triangle comes out and the price expects a next bigger move to confirm descending triangle breakout.
A descending triangle depicts a compelling formation that results in a bullish price action in case if price breaks through the resistance.
A move towards 2600 is likely on a breakout of the descending triangle as ETH/USD looks bid.
Ethereum: Bearish Flag
ETH/USD,
4 hours
SHORT
Jul 31
It seems like a bearish flag is revealed, the price requests a more steady move to confirm a breakout.
A bearish flag is said to depict a compelling bearish chart indicator that can be used to spot reversals in uptrends once price breaks out to the the downside.
There is a probability of a bearish push down towards 3250 as ETH/USD failes to keep gains.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Dec 1
It seems like a descending channel is very close to being completed and ETH/USD requires a move as an indication of a breakout.
A descending channel is believed to be a specific price signal that typically indicates that prices are likely to keep rallying upward once price breaks above resistance.
It is likely that a further rangebound towards the 2060 mark will be made as door open for the continuation of the uptrend.
Ethereum: Descending Triangle
ETH/USD,
1 hour
SHORT
Jun 23
There is a descending triangle emerging.
A descending triangle represents a bearish chart signal that is used to predict that the price to go down if price breakdown occurs.
ETH/USD to drop towards the 3440 zone.
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Ethereum · ETH/USD