Open:
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RECTÁNGULO
Ethereum
ETH/USD
1H
A rectangle has been encountered.
A rectangle identifies a sharp decline if price breakdown occurs.
Ethusd could drop towards 2360.
TRIANGULO SIMÉTRICO
Ethereum
ETH/USD
4H
The price shows a symmetrical triangle.
A symmetrical triangle predicts that the price to go short when price breaks out.
Ethusd looks south to the 2350 level while below 2400 as upside pressure alleviates.
CANAL DESCENDENTE
Ethereum
ETH/USD
1H
It looks like a descending channel comes out and the price asks for a next move as an indication of a breakout.
A descending channel depicts a useful bullish price indicator that is used to spot a further move up when price breaks out.
A bullish move to 2440 is possible.
CANAL DESCENDENTE
Ethereum
ETH/USD
1H
A descending channel is almost completed.
A descending channel tends to be a pattern that is angled down that is used to spot extending an uptrend once price breaks above resistance.
It is possible that a bullish push up towards 2440 will happen once beyond 2420 as the cryptocurrency is at a brink of a bullish breakout.
TRIÁNGULO DESCENDENTE
Ethereum
ETH/USD
1H
We can see that a descending triangle happens.
A descending triangle can be thought of as a bearish indicator that can be used to predict prices are likely to keep falling downward once price breaks through the support.
Ethusd could extend its slump towards 2380.
CANAL ASCENDENTE
Ethereum
ETH/USD
1H
An ascending channel has been found.
An ascending channel predicts a change in price direction once price breakdown occurs.
A bearish price action towards 2400 is likely to happen on impulse below 2425 as the cryptocurrency becomes bearish.
CANAL DESCENDENTE
Ethereum
ETH/USD
4H
There is a descending channel uncovered and ethusd asks for a bit more consolidation as an information of a breakout.
A descending channel is considered to be a formation with a downward bias that can be used to identify an extension in the upward direction in case if price breaks through the resistance.
A bullish run to 2500 is a possibility as outlook for ethusd stays positive.
CANAL DESCENDENTE
Ethereum
ETH/USD
1H
There is a descending channel determined, the price calls for a bigger move as a verification of a breakout.
In case if price breaks out, the move could spot a bullish move.
A bullish push up to the 2400 mark looks likely once above 2360.
TRIÁNGULO ASCENDENTE
Ethereum
ETH/USD
4H
We can see that an ascending triangle is close to being done.
An ascending triangle denotes a technical bearish signal that spots a next move down if price breaks below support.
Ethusd to prolong the corrective phase towards 2400 once below 2440.
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