As we can see a rectangle is close to being finished, the price is close to breaking out soon.
A rectangle identifies a further move down when price breaks through the support.
There is a possibility of a bearish push down to the 2040 zone as gains remain capped.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jan 15
It seems like a descending channel materializes and the price is breaking out.
A descending channel is considered to be a useful bullish price pattern that can be used to indicate price reversal after a pause once price breaks above resistance.
There is a probability of a rangebound towards the 3300 mark.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Feb 4
We can see that a descending channel has been diagnosed.
A descending channel is a reliable price action signal that can be used to identify a bullish move in case if price breaks out.
ETH/USD looks north to the 2310 mark on a breach of 2306.
Ethereum: Bullish Flag
ETH/USD,
1 day
LONG
Jul 4
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Sep 10
We can see that the price establishes an ascending channel and the price expects a next bigger bearish continuation as a sign of a breakout.
An ascending channel tends to be a useful indicator that is used to signal a move down if price breaks through the support.
There is a chance of corrective downside to 2340.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Nov 21
It looks like a rectangle is almost completed.
A rectangle depicts a useful bullish price action indicator that can be used to signal an extension in the upward direction if price breaks out.
A bullish run to 3140 is probable.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Sep 6
A descending channel has been discovered.
A descending channel often signals a bullish price action in case if price breaks out.
ETH/USD to maintain its positive tone to the 1650 zone.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Jul 4
There is a rectangle taking place.
Once price breaks down, the resulting move could identify the bulls have run out of steam.
A rangebound to 1945 is probable on a breakdown of the rectangle.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jan 21
There is an ascending triangle spotted, the price is going to break out.
An ascending triangle denotes a bearish chart formation that identifies extending an downtrend if price breakdown occurs.
It is likely that a move towards the 2470 level will be made once below 2472.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Jul 1
It looks like an ascending channel is recognized, the price breaks out now.
In case if price breaks down, the resulting move could spot a break in the price direction.
A move to 2450 is on the way on impulse below 2470.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
4 days ago
The price composes an ascending channel, ethusd requires a bigger move as evidence of a breakdown.
An ascending channel signals a bearish price action in case if price breakdown occurs.
Ethusd to suffer a steeper decline to 3000 on a breakout of the ascending channel as extra rangebound not ruled out.
Ethereum: Pennant
ETH/USD,
1 hour
LONG
Nov 20
A pennant is close to being done, ETH/USD requires a strong bullish impulse as a clue of a breakout.
When price breaks above resistance, the resulting move could signal that prices are likely to keep rallying upward.
There is a probability of a bullish push up towards 3140 on a breach of 3125.
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Ethereum · ETH/USD