A descending triangle is discovered and the price demands a further strong move as proof of a breakout.
A descending triangle describes a specific bullish chart signal that typically predicts that the price will rally further when price breaks through the resistance.
ETH/USD pushes higher to 1760 as ETH/USD becomes bullish.
Ethereum: Pennant
ETH/USD,
4 hours
LONG
Feb 24
There is a pennant coming out.
A pennant results in a bullish price action in case if price breaks through the resistance.
A move towards 3000 is not ruled out on a breakout of the pennant.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Nov 21
As we can see ETH/USD sets up an ascending channel.
An ascending channel tends to be a compelling chart formation that can be used to predict a next move down once price breaks below support.
There is a probability of extra downside towards the 2000 level.
Ethereum: Bearish Flag
ETH/USD,
1 hour
SHORT
Aug 4
A bearish flag is encountered, the price expects a strong move as a clue of a breakout.
A bearish flag depicts a bearish price action indicator that is used to indicate that prices move counter to the prevailing price trend in case if price breaks through the support.
ETH/USD set to lose more ground towards the 1830 level on a breakout of the bearish flag.
Ethereum: Descending Triangle
ETH/USD,
1 day
LONG
Feb 10
A descending triangle has been detected, ETH/USD requests a next bigger impulse up as an information of a breakout.
A descending triangle can be thought of as a technical chart pattern that can be used to signal a move up once price breaks above resistance.
ETH/USD to enjoy a considerable gain to 2600 on a breakout of the descending triangle as ETH/USD challenges 2480 hurdle.
Ethereum: Bullish Rectangle
ETH/USD,
1 hour
LONG
Nov 11
There is a bullish rectangle poping up, ETH/USD lacks an active move to confirm a breakout.
If price breaks through the resistance, the resulting move could spot extending an uptrend.
ETH/USD to strengthen towards 3250 on a breach of 3230 as downside pressure seen easing.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Sep 10
It looks like an ascending channel is nearing completion.
An ascending channel typically indicates a temporary interruption during a rising market once price breaks out to the the downside.
There is a possibility of a bearish move to the 2340 zone as bears look for entries.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Jan 7
There is an ascending triangle identified, the price is breaking out.
An ascending triangle tends to be a technical price indicator that typically predicts the bulls have run out of steam when price collapses through the support line.
There is a chance of a bearish push down to 2240 as there is a chance of further weakness.
Ethereum: Ascending Channel
ETH/USD,
4 hours
SHORT
Aug 26
There is an ascending channel determined and ETH/USD requests more bigger fall for clear breakout confirmation.
An ascending channel often signals the more likely potential of falling prices in case if price breaks down.
ETH/USD to move downward towards 2700 on a breach of 2740.
Ethereum: Descending Channel
ETH/USD,
1 hour
LONG
May 5
We can see that a descending channel forms.
A descending channel identifies a reliable bullish price action pattern that indicates a downward trend is nearing its end when price breaks through the resistance.
ETH/USD to head to 1910 on a breakout of the descending channel.
Ethereum: Ascending Triangle
ETH/USD,
1 hour
SHORT
Aug 10
An ascending triangle has been uncovered, the price is close to breaking out now.
When price breaks through the support, the move could indicate the more likely potential of falling prices.
ETH/USD pulls back towards the 2600 zone once below 2605.
Ethereum: Ascending Channel
ETH/USD,
1 hour
SHORT
Jul 19
An ascending channel is very close to being completed, the price is going to break out soon.
When price breaks through the support, the resulting move could signal a move down.
There is a probability of a bearish move to 1880.
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Ethereum · ETH/USD