Open:
High:
Low:
Close:
ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
There is an ascending triangle uncovered.
Once price breaks out, the move could indicate the bears have run out of steam.
It is likely that a further move towards 3010 will take place while above 2998.
DESCENDING TRIANGLE
Ethereum
ETH/USD
4H
A descending triangle is detected and the price asks for a steady move as a signal of a breakout.
A descending triangle denotes a reliable pattern that predicts that the price will rally further when price breaks out to the the upside.
It is likely that a further bullish move to 3000 will form as downside pressure seen easing.
PENNANT
Ethereum
ETH/USD
1H
Ethusd composes a pennant, ethusd expects a next move as an information of a breakout.
Once price breaks through the resistance, the move could indicate extending an uptrend.
Ethusd aims to complete a retracement towards the 2990 mark once above 2980.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
An ascending channel has been recognized, the price requests a bigger bearish move as an indication of a breakdown.
An ascending channel is a specific price action pattern that is angled up that can be used to identify a sharp decline if price breaks down.
Extra downside to 2960 is probable once below 2970.
ASCENDING CHANNEL
Ethereum
ETH/USD
1H
There is an ascending channel coming out.
If price breaks out to the the downside, the resulting move could signal a bearish price action.
There is a probability of a move towards 2960.
ASCENDING TRIANGLE
Ethereum
ETH/USD
1H
An ascending triangle is very close to being completed.
In case if price breaks out, the resulting move could signal that the price to go up.
Ethusd to turn bullish to the 3020 mark as bulls looking for profit.
BEARISH FLAG
Ethereum
ETH/USD
1H
A bearish flag happens, the price is breaking out.
A bearish flag predicts a next move down if price collapses through the support line.
There is a probability of corrective downside towards the 2960 zone once below 2965.
BEARISH FLAG
Ethereum
ETH/USD
4H
There is a bearish flag revealed.
A bearish flag is believed to be a bearish chart pattern that often results in a break in the price direction when price breaks out.
It is likely that a bearish move to 2900 will form.
RECTANGLE
Ethereum
ETH/USD
4H
A rectangle is exposed, the price expects a further move for the certainty of breakout.
Once price breaks out to the the upside, the move could spot a bullish move.
A further bullish continuation to 2980 is going to happen on a breakout of the rectangle.
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