A descending triangle emerges.
A descending triangle represents a useful bullish price indicator that is used to identify a sharp rise once price breaks through the resistance.
There is a probability of a bullish move to 3780 once above 3760 as bulls looking for profit.
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
Oct 9
A bearish flag is nearing completion.
A bearish flag provides a specific indicator that results in a temporary interruption during a rising market if price breaks out.
A rangebound towards 4420 is not ruled out on a breakout of the bearish flag as door open for a test of 4420.
Ethereum: Descending Channel
ETH/USD,
4 hours
LONG
Mar 21
There is a descending channel recognized and ETH/USD lacks a further strong move as a signal of a breakout.
A descending channel often indicates a move up if price breaks above resistance.
ETH/USD to push up towards 3600 as the cryptocurrency nears 3500 hurdle.
Ethereum: Rectangle
ETH/USD,
1 hour
SHORT
Apr 21
There is a rectangle noticed, the price demands further bigger push down as an indication of a breakout.
When price breaks out to the the downside, the move could spot prices are likely to keep falling downward.
A rangebound to 1920 is a possibility.
Ethereum: Descending Triangle
ETH/USD,
1 hour
LONG
Nov 18
It looks like a descending triangle is very close to being finished, the price expects a bigger bullish action to confirm a breakout.
A descending triangle typically signals the bears have run out of steam in case if price breaks out.
ETH/USD now looks to the 3120 mark as ETH/USD is at a brink of a bullish breakout.
Ethereum: Rectangle
ETH/USD,
1 hour
LONG
Jan 29
A rectangle is found.
A rectangle suggests a bullish price action formation that results in a further move up once price breaks through the resistance.
ETH/USD to continue the appreciation trend to 2320 on a breakout of the rectangle.
Ethereum: Bearish Rectangle
ETH/USD,
4 hours
SHORT
Mar 9
As we can see ETH/USD sets up a bearish rectangle, the price requests a further active move as an indication of a breakout.
A bearish rectangle is said to depict a compelling bearish chart signal that is used to signal the more likely potential of falling prices in case if price breakdown occurs.
A bearish move towards 1540 looks probable.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Sep 30
There is an ascending channel detected and ETH/USD asks for a more active move as an information of a breakdown.
In case if price collapses through the support line, the resulting move could spot an extension in the downward direction.
A bearish push down to the 2600 zone looks probable on a breakout of the ascending channel as ETH/USD becomes bearish.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jul 30
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: Ascending Channel
ETH/USD,
4 hours
SHORT
Oct 7
It looks like the price gives an ascending channel, the price is ready to break out soon.
An ascending channel often results in a break in the price direction when price breaks down.
Ethusd does not rule out a move towards the 4500 level.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
Jun 9
A descending channel is close to completion and the price needs a next bullish action as a verification of a breakout.
When price breaks through the resistance, the move could predict a bullish price move.
ETH/USD to enjoy a considerable gain to 2540.
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.
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