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CANAL ASCENDANT
Ethereum
ETH/USD
1H
We can see that ethusd shows an ascending channel, ethusd calls for more strong pullback as an indication of a breakout.
An ascending channel is said to depict a useful bearish price pattern that results in a bearish price action when price breaks out to the the downside.
There is a possibility of a bearish price action to the 1960 zone.
BISEAU ASCENDANT
Ethereum
ETH/USD
1H
A rising wedge materializes and ethusd expects a more move as a clue of a breakdown.
A rising wedge indicates that the price to go short in case if price breaks out to the the downside.
Ethusd could recede towards the 1960 level on a breakout of the rising wedge.
TRIANGLE ASCENDANT
Ethereum
ETH/USD
1H
It seems like an ascending triangle is diagnosed.
An ascending triangle typically signals that the price will rally further once price breaks through the resistance.
Ethusd to extend its rebound towards the 1990 mark on a breach of 1978.
TRIANGLE SYMÉTRIQUE
Ethereum
ETH/USD
1H
A symmetrical triangle is almost done and the price calls for a further active move as proof of a breakout.
A symmetrical triangle describes a compelling signal that typically predicts a next move up if price breaks out.
Ethusd to accomodate to 1980.
TRIANGLE DESCENDANT
Ethereum
ETH/USD
4H
A descending triangle occurs.
When price breaks through the resistance, the move could spot that prices are likely to keep rallying upward.
It is not ruled out that a rangebound towards 2000 will happen.
BISEAU DESCENDANT
Ethereum
ETH/USD
1H
There is a falling wedge uncovered and the price is about to break out.
A falling wedge is believed to be a useful pattern that is angled down that can be used to signal a bearish-to-bullish trend reversal if price breaks out.
Ethusd to look for a further push to 1980 as minor hurdle remains at 1955.
BISEAU DESCENDANT
Ethereum
ETH/USD
1H
A falling wedge is close to being complete and the price wants a bit more consolidation as a signal of a breakout.
A falling wedge provides a specific chart formation that often results in a further move up if price breaks through the resistance.
It is possible that a rangebound towards the 1980 level will occur on a upside break as bulls looking for upside correction.
TRIANGLE DESCENDANT
Ethereum
ETH/USD
1H
A descending triangle has been noticed and ethusd lacks a further active impulse down as evidence of a breakdown.
When price breakdown occurs, the move could indicate the bulls have run out of steam.
Ethusd could attempt a move towards the 1920 level amid ethusd recedes from recent highs.
TRIANGLE DESCENDANT
Ethereum
ETH/USD
4H
We can see that a descending triangle arises and the price breaks out.
A descending triangle tends to be a bearish price action formation that is used to spot a bearish price move if price breakdown occurs.
Ethusd looks south to the 1900 mark on impulse below 1930.
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