As we can see an ascending channel occurs and ETH/USD expects a bigger move for the certainty of breakdown.
An ascending channel predicts that the price to go short in case if price collapses through the support line.
ETH/USD opens door for a move to the 2000 level.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jun 26
There is an ascending channel emerging and the price demands a more bigger move as a clue of a breakout.
An ascending channel can be thought of as a reliable price signal that typically spots a bearish price move when price breaks down.
ETH/USD set to lose more ground to 1880 as downtrend may continue.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Dec 26
There is a descending channel exposed and the price is close to breaking out soon.
A descending channel spots that the price to go up in case if price breaks out.
A bullish price action towards 2240 about to be made.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Jun 23
The price shapes a descending triangle, the price is about to break out.
A descending triangle indicates a bullish move in case if price breaks out to the the upside.
ETH/USD challenges a move to 1890 on a breakout of the descending triangle.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Apr 16
There is a descending triangle observed, ETH/USD lacks a more move as proof of a breakout.
A descending triangle represents a bullish price pattern that is used to signal the bears have run out of steam once price breaks above resistance.
There is a possibility of a bullish continuation to 2110.
Ethereum: Symmetrical Triangle
ETH/USD,
1 hour
SHORT
Aug 13
There is a symmetrical triangle identified.
A symmetrical triangle tends to be a price action signal that can be used to identify a next move down once price collapses through the support line.
It is likely that a bearish continuation to the 1848 level will happen as the cryptocurrency is at a brink of a bearish breakout.
Ethereum: Bullish Flag
ETH/USD,
1 hour
LONG
Sep 27
There is a bullish flag materializing.
A bullish flag is said to depict a specific bullish formation that predicts a sharp rise in case if price breaks out to the the upside.
ETH/USD to continue the appreciation trend towards the 1595 level as outlook for ETH/USD stays positive.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
5 days ago
There is a rectangle taking place, the price is ready to break out.
A rectangle results in a bullish move in case if price breaks above resistance.
ETH/USD to extend its rebound to the 3020 zone on a break above 3005.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Apr 25
A descending triangle is uncovered, the price breaks out.
A descending triangle can be thought of as a reliable price signal that can be used to indicate that the price to go long once price breaks out.
ETH/USD to resume its rise towards the 1880 mark.
Ethereum: Rising Wedge
ETH/USD,
1 hour
SHORT
Aug 28
It seems like a rising wedge is determined and the price is breaking out.
A rising wedge represents a bearish chart signal that often results in a countertrend succeeding the current trend if price breakdown occurs.
There is a possibility of a move towards 1650 on impulse below 1653.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Apr 25
There is a descending triangle spotted.
A descending triangle tends to be a compelling bullish price indicator that can be used to identify a bullish price action once price breaks through the resistance.
ETH/USD opens door for a move towards 1840 while above 1825 as bullish momentum increases.
Ethereum: Ascending Channel
ETH/USD,
1 day
SHORT
Aug 3
An ascending channel is uncovered and the price is ready to break out.
In case if price breaks down, the move could identify a sharp decline.
ETH/USD to suffer a steeper decline towards 1800 while below 1850.
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Ethereum · ETH/USD