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: Rectangle
ETH/USD,
1 hour
LONG
Jan 2
There is a rectangle uncovered.
In case if price breaks above resistance, the resulting move could identify that the price to go long.
ETH/USD turns higher to the 3380 mark.
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: 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: 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: 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
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: Rising Wedge
ETH/USD,
1 hour
SHORT
5 days ago
The price develops a rising wedge and ETH/USD calls for a move to confirm a breakout.
A rising wedge is said to depict a price action indicator that often identifies a bearish price action in case if price breaks down.
A move to 1860 looks probable as minor hurdle remains at 1880.
Ethereum: Falling Wedge
ETH/USD,
1 hour
LONG
Nov 18
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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Ethereum · ETH/USD