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BANDERÍN
Ethereum
ETH/USD
1H
There is a pennant occuring.
A pennant typically predicts an extension in the upward direction in case if price breaks out.
A further rangebound towards 3100 looks likely once above 3050.
BANDERA ALCISTA
Ethereum
ETH/USD
1H
There is a bullish flag uncovered, ethusd asks for a more steady move as evidence of a breakout.
A bullish flag provides a reliable bullish price action pattern that is angled down that is used to indicate extending an uptrend in case if price breaks out.
Ethusd to increase bullish potential to 3100 as door open for a test of 3100.
CANAL DESCENDENTE
Ethereum
ETH/USD
1H
There is a descending channel identified.
A descending channel is believed to be a specific bullish price action signal that results in a further move up in case if price breaks above resistance.
It is likely that a bullish push up towards 3050 will take place on a breakout of the descending channel as uptrend may continue.
TRIÁNGULO DESCENDENTE
Ethereum
ETH/USD
1H
We can see that a descending triangle is diagnosed and the price requires a bigger move as a verification of a breakdown.
A descending triangle typically indicates the more likely potential of falling prices when price breaks out to the the downside.
It is likely that a bearish move to the 3100 mark will occur.
BANDERÍN
Ethereum
ETH/USD
1H
There is a pennant recognized.
If price breaks below support, the move could identify the more likely potential of falling prices.
Ethusd turns bearish towards 3100 on a breach of 3140.
CANAL ASCENDENTE
Ethereum
ETH/USD
1H
An ascending channel is nearing completion and ethusd wants more steady push down as a signal of a breakout.
An ascending channel provides a useful price action pattern that is angled up that can be used to predict a sharp decline in case if price breaks out to the the downside.
Ethusd risks a move to the 3100 zone as the cryptocurrency keeps the bid tone.
CANAL ASCENDENTE
Ethereum
ETH/USD
1H
The price gives an ascending channel.
An ascending channel often indicates price heading to a new direction once price breaks down.
There is a probability of corrective downside to the 3150 zone on impulse below 3190 as the cryptocurrency sticks to the negative mood.
CANAL DESCENDENTE
Ethereum
ETH/USD
1D
Ethusd forms a descending channel, the price expects a more move as a sign of a breakout.
A descending channel describes a specific bullish chart formation that typically identifies a bullish price move if price breaks above resistance.
Ethusd dives out bearish trendline to 3200 as bulls look for entries.
CUÑA ASCENDENTE
Ethereum
ETH/USD
1H
It seems like a rising wedge occurs, the price is breaking out.
A rising wedge typically results in a next move down once price breaks down.
It is likely that a move to 3050 will be made as extra rangebound not ruled out.
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